India is exploring the feasibility of importing coking coal from Mongolia, aiming to diversify its sourcing for the crucial steelmaking ingredient despite facing logistical challenges, a Reuters report revealed. India, currently holding the position of the...
Just ten years ago, the coal industry was one of Ukraine’s largest industries. However, with the beginning of Russia’s armed aggression against Ukraine in 2014, the decay of mining towns in temporarily-occupied territories, accumulating industry debts, and the...
Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and coal exports have declined when compared with 2021. Russian exports to Europe have decreased most notably due to a mix of European sanctions and other policies aimed at...
Russia’s coal industry is in deep trouble. Weak demand, even from major buyers like China, has led to a glut at export ports, driving down prices even further. Major producers are being forced to cut output and shut down mines despite billions of rubles in state...
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...
