Russian coal sector benefits from rouble devaluation

The branch will hold on the devaluation of the rouble for a year.

The devaluation of the rouble at least tripled the profitability of Russian coal miners, dramatically increasing their competitiveness in the global market. According to estimations of the industry, the effect of the devaluation will last for about a year, and then the question of reducing costs will seriously rise in front of them. The analysts state that this year the growth of the rouble yields will be partially offset by increased costs.