The Russian coal industry has faced serious financial difficulties due to fiscal measures, including the exchange rate export duty. According to Deputy Energy Minister Sergei Tsivilev, the industry's profit before tax in the first half of 2024 fell by 97%. Tsivilev warns that by the end of the year, profits could fall by 15-17 times if urgent measures are not taken.

As the Deputy Minister noted, one of the key factors putting pressure on the coal industry was the unstable exchange rate policy and the associated duties on coal exports. This particularly hit companies focused on foreign markets, as the exchange rate difference makes their products less competitive. In particular, supplies of thermal coal and anthracite suffered greatly.

In order to support the coal industry, the Deputy Minister of Energy proposed several measures. First of all, he considers it important to continue expanding the transport infrastructure for coal cargo. This will optimize logistics and reduce the cost of transporting products. One of the proposed ideas was also the use of alternative routes for coal exports, which will help minimize the impact of export duties.