Belon reduced the share of the concentrator

Belon has reduced its stake in ZAO "Processing plant" Listvyazhnaya "up to 25%. On it informs "Metal Supply and Sales". In particular, the company sold its 75% share in this factory. The buyer and the transaction amount is unknown. However, before the Kemerovo coal producer Siberian Business Union appealed to the FAS for permission to purchase the mine and concentrator at Belon. Previously reported that Belon in the III quarter of 2010 compared to II quarter has reduced the production of coking coal by 29,7% to 525 thousand tons. At the same time release of energy coal decreased by 33.8%, reaching 569 thousand tons. In general, the first 9 months of 2010 Belon extracted 3.325 million tonnes of coking coal, which is 17,6% more compared to the previous year. Belon is the largest Russian producer of coal and its products, one of the leaders in the market metallotreydinga in Russia. In mid-October 2009 OAO Magnitogorsk Iron and Steel Works has completed a deal to consolidate the 82,6% of Belon. Ministry of Industry