MOSCOW, Jan. 1 (Xinhua) -- Russia has officially dropped export duties on anthracite, coking coal, and thermal coal starting Jan. 1, 2025, RIA Novosti news agency reported on Wednesday.
Introduced on Oct. 1, 2023, flexible export duties were in place until the end of 2024. However, duties on anthracite and thermal coal were temporarily suspended between May 1 and Nov. 30, 2024.
In November 2024, the Russian government decided to lift the export duty on coking coal ahead of schedule and extended the suspension of duties on anthracite and thermal coal to support the coal industry. ■