| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Vladimir Fedorovich Kharchenko CEO | SSE Exchange | CNE000000BY4 ISIN |
| RU Country | - Employees | 7 Aug 2023 Last Dividend | 25 Jul 2002 Last Split | - IPO Date |
Belon Joint Stock Company, established in 1991, is a prominent player in Russia's coal industry, specializing in the extraction, processing, and production of coal and its related products. With its operations centered in Belovo, Russia, Belon has established itself as a key supplier in the energy sector. Acting as a subsidiary of MMK - Mining Assets Management S.A., Belon Joint Stock Company leverages its parent company’s resources and network to enhance its market presence and operational efficiency in the competitive coal market.
Coking coal is one of Belon Joint Stock Company’s primary products. Primarily used in steel manufacturing, coking coal is vital for the production of coke, an essential element in the steel-making process. Through rigorous mining and processing practices, Belon ensures the supply of high-quality coking coal to meet the demands of various industries, especially the steel industry, contributing significantly to Russia’s industrial infrastructure.
Belon Joint Stock Company also produces coal concentrates, which are high-quality refined coal products resulting from the processing of raw coal to remove impurities and increase coal value. These concentrates are widely used in industries requiring high-grade coal for energy and production processes. By supplying coal concentrates, Belon plays a crucial role in supporting the energy needs and efficiency of industrial operations across Russia and beyond.