Russia’s coal industry, one of the country’s largest raw materials sectors, is on the brink of financial collapse as it grapples with the severe impact of international sanctions. ‘The Russian coal industry – one of the largest raw materials industries in the national economy, comprising more than 30 individual industrial towns and 650,000 employees (including affiliated companies) – is heading for a serious crisis,’ Russia watcher Boris Alexander Beissner reported on June 27 in a post on social media. According to RosStat, net profit in the coal mining sector plummeted by 93% between January …