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Russian Coal Output May Rise 32% by 2030, Institute Estimates
Jun. 27, 2011 09:13AM PST
Industrial MetalsBloomberg reported that the Energy Research Institute of the Russian Academy of Sciences said coal output from Russia is expected to rise significantly in the next two decades.
Bloomberg reported that the Energy Research Institute of the Russian Academy of Sciences said coal output from Russia is expected to rise significantly in the next two decades.
The market news is quoted as saying:
While transportation expenses as a portion of production costs are higher than in other nations, Russian metallurgical coal is competitive on the world market because its higher quality bolsters margins.
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