Under the Ministry of Coal Industry of Kuzbass, in January 2025 mining enterprises in Kuzbass produced 17.0 mio t of coal (-0.1 mio t or -0.3% vs. January 2024). Compared to the previous month, the output decreased by 1 mio t or -5.6%.
In 2024, coal production in Kuzbass dropped to 198.4 mio t (-15.8 mio tons or -7.3% vs. 2023).
Export supplies from Kuzbass in January 2025 totaled 9.8 mio t (+1.1 mio t or +12.6% vs. January 2024), still 2% lower than in December 2024.
Exports from Kuzbass in 2024 shrank to 102.0 mio t (-11.8 mio t or -10.4% y-o-y).
Sanctions and the emerging trend of halting operations at Russian underground and open-pit mines, along with rising railway costs and logistical constraints, will continue to have a negative impact on production and supplies of high-quality Russian coal to the global market in 2025.
Due to lower exports the price of coal in the domestic market in 2024 has already increased by 10%, while cutting export shipments will push prices up even more.
The rise in production costs and logistics expenses amid falling global prices resulted in the growth of losses. The share of loss-making companies stands at more than 50%.
According to the Ministry, two underground mines and six open-pit mines ceased operations in the region in 2024.
Source: CCA Analysis
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