Russia’s Coal Industry in Crisis as Dozens of Enterprises Face Closure
Crisis in Russia, Economy & Business

Russia’s Coal Industry in Crisis as Dozens of Enterprises Face Closure

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Russia’s coal industry is sliding deeper into crisis, with 51 mining enterprises already closed or on the verge of shutting down, according to the Russian Ministry of Energy. Speaking at a government briefing, Dmitry Islamov, Deputy Head of the Ministry, confirmed that the country’s coal sector is experiencing widespread financial distress. “According to the Ministry of Energy, there are currently 51 enterprises — both mines and open pits — that are in the so-called red zone,” Islamov said.

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Despite -48% drop in price, Russia’s coal exports collapse -50% Leaving Ports Flooded
Crisis in Russia, Economy & Business

Despite -48% drop in price, Russia’s coal exports collapse -50% Leaving Ports Flooded

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Russia’s coal export industry, once a pillar of the Kremlin’s energy-driven economy, is buckling under the weight of oversupply, collapsing demand, and vanishing margins. Nearly 50 million tons of coal—representing over a quarter of all exports in 2024—now sit idle at Russian ports, according to data cited by Kommersant. The unsold buildup is so extreme that coal handling facilities are slashing tariffs just to stay afloat, with no real prospect of relief on the horizon.

Despite -48% drop in price, Russia’s coal exports collapse -50% Leaving Ports Flooded Read Post »

Kremlin attempts to bail out Russian coal industry as Energy Ministry warns of catastrophe
Economy & Business

Kremlin attempts to bail out Russian coal industry as Energy Ministry warns of catastrophe

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Russia’s coal industry is in deep crisis, with export deliveries turning unprofitable in every direction, according to Deputy Energy Minister Dmitry Islamov. In an interview with TASS published on July 1, Islamov confirmed that coal exports from Russia are currently yielding negative margins—whether sent east, west, or south. “The margin is still negative across all routes,” Islamov stated.

Kremlin attempts to bail out Russian coal industry as Energy Ministry warns of catastrophe Read Post »

Russia’s Oil, Gas, and Coal Sectors Enter Freefall as Losses Accelerate
Crisis in Russia, Economy & Business

Russia’s Oil, Gas, and Coal Sectors Enter Freefall as Losses Accelerate

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Russia’s extractive industries are in deep crisis, according to new data from the Russian state statistical agency Rosstat. In February and March 2025, the country’s oil, gas, and coal sectors recorded catastrophic losses, marking the most severe collapse in industrial profitability since the invasion of Ukraine began. The numbers are unambiguous. The total profit from Russia’s mining sector fell -61% year-on-year in February, followed by a staggering -89% drop in March.

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Russia’s Coal Industry in Crisis: Prime Minister Convenes Emergency Meeting as Exports and Revenues Collapse
Crisis in Russia, Economy & Business

Russia’s Coal Industry in Crisis: Prime Minister Convenes Emergency Meeting as Exports and Revenues Collapse

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Today, Russian Prime Minister Mikhail Mishustin announced an emergency meeting to address the ongoing collapse in the country’s coal sector. Speaking alongside Oleg Belozerov, head of Russian Railways (RZD), Mishustin acknowledged the industry’s severe difficulties, citing “unfavorable market conditions”, logistical bottlenecks and collapsing global coal prices that threaten the survival of coal enterprises across Russia.

Russia’s Coal Industry in Crisis: Prime Minister Convenes Emergency Meeting as Exports and Revenues Collapse Read Post »

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