Russia's coal
mining company Belon, which is part of the Russian steelmaking group Magnitogorsk Iron and Steel Works (
MMK), has announced that in 2010 it has doubled year on year its
investments in labor protection and industrial safety measures to Ruble 535.4 million (about $18.1 million).
Accordingly, in 2010 Belon implemented programs for technical reequipment and modernization of production, which contributed not only to the fulfillment of production targets, but also to the improvement of working conditions and reduction of accidents at its mines.