The Russian government has provided state guarantees for credit lines worth Ruble 3.7 billion (approx. $128.3 million) to the Russian coal mining company Belon Group (Belon).
Accordingly, about Ruble 3 billion ($104 million) in state guarantees, effective until October 2014, have been provided to Belon for credit from state-owned bank VTB. The remaining part of the total has been provided for Belon's ore-dressing plant subsidiary Lisvtyazhnaya.