Coal firms Mechel and Raspadskaya recorded high losses in 2024 as the Russian government tries to bail out the key sector.

Mechel Group's net debt at the end of 2024 increased by 4% and amounted to 259.4 bln rubles ($2.93 bln) MOSCOW, February 20. /TASS/. At the end of 2024, Mechel Group agreed with a Russian bank to ...

TASS/. Mechel scaled up coal production by 12% year on year in the first half of 2024 to 5 mln metric tons, the Russian mining and metals company reported. Coal production lost 2% annually as of ...

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