Crisis of coal industry in russia: when to expect miners’ protests outside the kremlin
The revenues of russian coal companies have been plummeting for several years, with a 20% drop reported this year compared to last. Analysts predict the situation will only worsen.
This year, over half (52%) of coal enterprises are operating at a loss, leaving many unable to pay miners. In the kemerovo region, workers at one mine went on a hunger strike after being unpaid for over four months.
Miners’ protests, which once foreshadowed the collapse of the soviet union, pose a genuine threat to modern russia. As putin continues draining the economy to fund the war, the echo of miners’ helmets striking the pavement may resound near the kremlin once again.
