Mechel Mining, the mining division of steel and coal group Mechel , as well as Vorkutaugol and SDS-Ugol are on the list of companies that will get individual support measures under a program to aid Russia’s coal industry, Energy Minister Sergei Tsivilev said at...
Russia’s coal production forecast for 2025 will likely be revised downwards, Deputy Prime Minister Alexander Novak told reporters. “Our coal production forecast for this year was 440 million tonnes, but I believe it will be adjusted downwards. The coal...
Natural gas producers, exporters and trading firms are banking on Asia – the world’s largest and fastest-growing power market – to drive gas demand growth over the coming decades. But while overall gas consumption in Asia will certainly expand from...
Russia has spent the past five months swallowing up ever bigger tracts of Ukrainian coal, lithium, and uranium in the Donbass. Yet Western politicians still cling to the belief that they will be able to tap these resources to repay Ukraine’s ever mounting pile of...
Market research firm BMI, a Fitch Solutions company, says thermal coal prices will remain stagnant owing to oversupply and weak demand. The company maintains its Newcastle thermal coal price forecast for this year at an average of $135/t. Prices, which...
