Russian coal sector narrows net loss to 178.2 bln rubles in Jan-Jul 2026

Russian coal companies reported a net loss of 178.2 billion rubles for January-July 2026, improving from a 225 billion ruble loss in the same period last year. The reduced loss suggests partial stabilization amid ongoing Western sanctions and logistics constraints, but the sector remains deeply unprofitable. This matters for Russian fiscal revenues and global coal supply dynamics.