Russian coal export growth rate to go down in 2015
Edited by Rhod Mackenzie / 2015-02-05 06:34:14
According to the Ministry of Economic Development, an export of coal in 2015 will increase by only 0.7% against 8.3% in 2014. It is due to a number of factors, including coal surplus on the Asian market, strengthening of competition on the global market owing to the development of new large deposits (in particular in Australia, Columbia, Mongolia and Mozambique).