Russia Lifts Export Duties On Coal

Russia Lifts Export Duties On Coal

MOSCOW, Jan 1 (NNN-TASS) – Russia has officially dropped export duties on anthracite, coking coal, and thermal coal starting today, Jan 1, 2025, RIA Novosti news agency reported, today.

Introduced on Oct 1, 2023, flexible export duties were in place until the end of last year. However, duties on anthracite and thermal coal were temporarily suspended between May 1 and Nov 30, last year.

In Nov last year, the Russian government decided to lift the export duty on coking coal, ahead of schedule, and extended the suspension of duties on anthracite and thermal coal to support the coal industry.– NNN-TASS

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