Putin Commits Funds to Boost Coal Sector

Reuters reported that Russia’s Prime Minister will inject $8 billion into improving the country’s coal sector.

As quoted in the market news:

He said Russia will spend 252 billion roubles ($8.17 billion) on coal industry development by 2030 as part of an overall 3.7 trillion rouble investment programme that will be driven by the private sector.

Click here to read the full Reuters report.