Russia forecasts coal sector net loss of 324 billion rubles this year

Russian coal companies could record a combined net loss of 324 billion rubles in 2026, according to an Energy Ministry presentation at Russian Energy Week reported by Interfax on October 15.

The presentation projects 2026 coal company revenue of 1.623 trillion rubles, compared with 1.518 trillion rubles a year earlier. It puts the anticipated proportion of loss-making businesses at roughly 70%.

Rosstat previously reported a sector net loss of 178.2 billion rubles for January-July 2026. The comparable figure for the same period in 2025 was 225 billion rubles.

According to Rosstat figures cited by Interfax, coal companies ended 2025 with a combined net loss of 408 billion rubles. The corresponding loss in 2024 was 112.6 billion rubles.