Tag: Russia to lift export duty on thermal coal and anthracite until Aug’24

Russia will remove export tariff on thermal coal and anthracite from 1 May to 31 August 2024, aiming to support the country’s coal industry. Coal export tariffs were reintroduced on 1 March 2024, ranging from 4-7% depending on the ruble’s exchange rate. Tariffs will be waived if the rate stays below 80 rubles per U.S.…