Due to high transshipment rates at OTECO terminal in Taman, that make coal exports unprofitable, Russian mining companies suspended rail shipments to the port from the end of January 2024
Russia’s seaborne coal exports declined 8.11% month on month to 10.86 million tonnes in March 2024, according to Kpler’s cargo-tracking data.
The plan is to carry 111 mln tons of coal products, which will account for over 60% of carried cargoes, in 2024.
The Russian Academy of Sciences introduced an assessment of the North-Siberian Railway construction project
Russian thermal coal’s presence in China has been dwindling in recent months, with the country’s thermal coal shipments taking smaller shares
Chinese purchases of Russian coal slumped after Beijing reimposed import taxes that make Russian supplies less competitive.
Coal production in Kuzbass, Russia’s main coal-mining region where high-quality coal production is located, fell to 34.2 mmt in Jan-Feb 2024
Russia’s exports of seaborne coal to Asia have been weakening in recent months, with lower shipments of both thermal and metallurgical coal
Russian industrial safety watchdog Rostekhnadzor and a court have ordered the suspension of coal mining at two underground coal mines
Rail shipments of Russian coal to ports in January-February 2024 decreased to 30.5 mio t (-3.7 mio t or -10.8% y-o-y).
Russian coking coal producer Elgaugol plans to finish constructing a 530-km rail line to connect the Elga coal mine directly to the Elga port.
Ukrainian coking coal producer Pokrovsk Coal, part of the Metinvest group, has commissioned a new longwall, Ukrainian media reported