The Russian government is stepping in to help the industry hit by falling exports, sanctions and infrastructure challenges.

The Moldavskaya thermal power plant in Transnistria, which had previously run on free Russian gas, has begun burning coal reserves, which will only last until the end of January. On 3 January ...

Moscow is targeting Ukraine's rich mineral reserves, crippling the steel production efforts and jeopardizing its ability to repay war debts ...

A Chinese firm will purchase a coal mine in Russia that was on the verge of bankruptcy. The move has been described as another instance of China capitalizing on Russia's economic turbulence and ...

Russia could run out of liquid reserves as soon as this fall, one European economist has said. The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021.

Russian forces have repeatedly targeted Ukraine's coal country. The industry produced about 7 million metric tons in the past year, roughly a third of what it produced before Russia's full-scale ...

China imported record volumes of coal last year, but imports from its second-largest supplier, Russia, dipped by 7% as the U.S. intensified sanctions on Russian coal exporters and China re-imposed ...

The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021. Limited funds could hinder Russia's further war efforts. Russia is facing a critical challenge to its war ...

Russia could run out of liquid reserves as soon as this fall, one European economist has said. The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021. Limited funds ...