Russia's coal industry is projected to post a combined loss of 300–350 billion rubles (~$3.9–4.5 billion) for 2025. Amid the crisis, companies are pursuing divergent strategies. Yakutugol plans to increase production by 76% to 5.8 million tons by investing in new equipment and refurbishing its processing plant, while simultaneously mothballing underground mines due to their high operating costs. Raspadskaya has received temporary relief as a Moscow arbitration court revoked a regulatory order against it, though the Federal Antimonopoly Service (FAS) is preparing an appeal. The company has also secured a deferral of tax payments worth $8 million. Despite industry-wide challenges, Mechel has declared its intention to pursue growth. Meanwhile, Russia's Ministry of Finance is tightening regulations, creating additional pressure on the sector.
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