Beloretsk Iron and Steel Works

Beloretsk Iron and Steel Works (Russian: Белорецкий металлургический комбинат, Beloretskiy Metallurgicheskiy Kombinat; Bashkir: Белорет металлургия комбинаты,), abbreviated as BMK, is the steel company in Russia. It is located in the city of Beloretsk, in Bashkortostan.

OJSC Beloretsk Iron and Steel Works
Native name
ОАО Белорецкий металлургический комбинат
TypePublic (OAO)
IndustrySteel
HeadquartersBeloretsk, Russia
ProductsSteel
Steel products
Revenue87,200,000 United States dollar (1994) 
Website

History of Beloretsk mining

Located in the mineral rich Ural region that demarcates the separation between Europe and Asia, significant mining in Beloretsk dates back to 1762. The effort to explore the Magnitnaya Mountain region for potential iron ores was undertaken by two investors named Myasnikov and Tverdysh who petitioned for the first rights to begin extraction of the metals. Following the granting of their petition by the Orenburg government, mining operations were soon initiated in 1759.

References

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