Russian metallurgical coal miner Kolmar has set ambitious plans to increase production by 17.4% in 2024, aiming to extract 13.5 million tonnes
Russia’s coal production in 2023 lost 1% in annual terms and totaled 430 mln metric tons, the Federal State Statistics Service (Rosstat) said.
Russian Ministry of Finance is considering the possibility of increasing the Mineral Extraction Tax (MET) on coal production.
A new, 75 billion-ruble (roughly $840 million) coking plant in the steel town is being built by a Chinese engineering company and workers
Russian Deputy Prime Minister Novak wrote that by the end of 2023, Russia’s coal production was 438 million tons
Elgaugol scaled up coal mining by 30% to 26 mln metric tons last year, compared to 20 mln metric tons in 2022, the coal miner reports.
Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia
By 2030, Russian coal exports are expected to slump by 30% or 64 million metric tons (mt), against 2021
Kuzbass, in January-December 2023 coal mining enterprises in Kuzbass produced 214.2 mio t of coal (-9.4 mio t or -4.2% y-o-y).
Russian coal exports have dropped to their lowest levels in nearly four years; introduction of a Chinese import tax will not help
Coal mining companies in Irkutsk Region and Buryatia have begun shipping coal for export through a port in Murmansk, the head of Russian Railways’ (RZD)
Russia has officially removed most coal export tariffs linked to the ruble, which applies to thermal coal, coking coal, and anthracite coal