Russia Lays Out Expansion Plans in the Wake of the Rouble’s Decline, Erodes Australia’s Coal Export Dominance

 A picture illustration shows U.S. Dollar and Russian Ruble banknotes in Sarajevo, March 9, 2015.


Russia has set its sights on the Asia-Pacific region to boost its trade ties and coal mining business, as well as its gold mining sector, in the wake of the rouble’s decline, several sources said. The country has also started to erode the dominance of Pacific thermal coal market powerhouses Australia and Indonesia over the past 12 months.

Read more at:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s