In January-August 2025, net losses of Russian coal companies totaled 3.2 billion USD compared to losses of 0.1 billion USD in the same period a year earlier. Thus, losses for the first 8 months of 2025 exceeded 2.3 times overall losses in 2024, which totaled 1.41 billion USD. The share of loss-making companies also increased […]

Coal industry consolidation in Russia is emerging as a key policy focus for the Ministry of Energy, which views it as essential to stabilising and strengthening the sector. The Ministry of Energy considers consolidation around leading mining assets as a potential driver for stabilizing the coal industry. According to Energy Minister Sergey Tsivilev, the implementation […]

Coal prices continued to rise: quotations in Europe firmed; coal in China became more expensive; Australia maintained an upward trend for both thermal and metallurgical material. European thermal coal indices climbed to 96 USD/t amid growing demand and anticipated colder weather. In Northern Europe, power stations increased spot purchases to replenish stocks ahead of the […]

Cross-border carbon capture and storage (CCS) is moving from concept to execution in Asia Pacific, with emitter nations such as Japan, South Korea and Singapore exploring the shipment of captured CO₂ to storage hubs in Australia, Malaysia and Indonesia. This emerging model matters for coal: in systems that still rely on coal-fired capacity, cross-border CCS […]

In September 2025, Russian coal supplies to China dropped to 6.8 mio t (-1.5 mio t or -18.1% vs. Sep 2024), according to General Administration of Customs of China (GACC). In January–September 2025, Chinese coal imports from Russia dipped to 66.3 mio t (-5.1 mio t or -7.1% vs. Jan–Sep 2024). The decrease in Russian […]

Under the Ministry of Coal Industry of Kuzbass, in January-September 2025, coal mining enterprises in Kuzbass produced 140.8 mio t (-7.1 mio t or -4.8% vs. Jan-Sep 2024). In 2024, coal production in Kuzbass dropped to 198.4 mio t (-15.8 mio tons or -7.3% vs. 2023). The total shipment of coal in Kuzbass by rail […]

Indices on the global coal market moved up: prices in Europe edged higher alongside volatility; China saw a marked upswing; Australia also posted a moderate rise in both thermal and metallurgical coal. Over the past week, European thermal coal indices, which had been easing to nearly 92 USD/t, started to recover on Thursday, firming to […]

China’s thermal coal consumption rose slightly in the first eight months of 2025, reaching 2.7 billion tonnes (+0.5% y-o-y). Industrial recovery—particularly in coal-to-chemicals—offset weaker power-sector demand. The power sector’s coal burn slipped 0.7% y-o-y to 1.7 Bt as hydro and renewables displaced generation earlier in the year. In contrast, coal use for chemicals surged 19%, […]

The Federal Antimonopoly Service (FAS) proposed a radical change to the Russian Railways (RZD) tariff indexation system, moving away from the ‘inflation minus’ principle. Instead, it suggests linking tariff increases to the holding company’s ‘price pressure index’, which undermines the fundamental basics of railway tariff formation. The essence of the innovation is to allow RZD […]