The losses of the Russian coal industry have increased to $2.5 billion: intelligence data.

Increase in the share of loss-making coal enterprises in Russia

According to inkorr.com: In Russia, in the first half of 2025, the share of coal enterprises that incurred losses reached 65.4%. This is a significant increase compared to 51.7% for the same period last year, reports the Foreign Intelligence Service of Ukraine.

According to the data from the FISU, the total loss of the industry before taxation amounted to about $2.5 billion, which is twice as much as in 2024. The profit of enterprises decreased by more than 50% and amounts to only $560 million, while losses increased 2.6 times to $3.06 billion.

'In 2024, the sector already recorded a total loss of $1.25 billion, and the trend of deterioration continues. The decline in exports, low prices on the world market, and import duties from China and India are increasing pressure on companies, which lost over $4.5 billion in revenue last year. Revenue may fall to $17.2 billion in 2025 from $19.6 billion the previous year, which is 41% less than in 2022,' the intelligence service reported.

Reduction in production and market restrictions

The FISU notes that coal production has been decreasing for the third consecutive year and may amount to 436 million tons this year, compared to 439 million tons in 2024. The forecasted export will be 189 million tons, the lowest level since 2020.

'Sanctions from the USA, the UK, and the EU have deprived Russian suppliers of key markets, and the reorientation towards Asia is facing infrastructure limitations,' the intelligence service emphasized.

The increase in the share of loss-making enterprises in the coal industry of Russia raises concerns about its impact on the country’s economy. The industry faces numerous challenges such as declining production volumes, falling profits, and rising losses. Attempts to pivot to Asian markets are complicated by infrastructure issues, further exacerbating the situation in this sector.