Public Joint Stock Company Belon (BLNG.ME) extracts, processes, and produces coal and related products in Russia, primarily focusing on coking coal, thermal coal, coal concentrates, and coke; it also engages in the sale of coal products, maintenance and repair of mining equipment, freight transportation services, and research and development activities in the coal sector. Founded on May 14, 1991, and headquartered in Belovo, Kemerovo Region, the company operates mainly in the domestic market, including the Chelyabinsk and Altai regions, as a subsidiary of MMK - Mining Assets Management S.A., with core operations centered on open-pit mining and enrichment facilities. While no major acquisitions, partnerships, funding rounds, or strategic expansions are reported in the last one to two years, the company maintains steady production of bituminous coal and lignite mining outputs, alongside ancillary services such as geology surveys and metal trading remnants from prior activities.