Tigers Realm Coal
LeaveRussia detail: Withdrawal
Tigers Realm Coal’s (“TIG’s”) vision is to build a global coking coal company through the development of its assets located in the vicinity of the Bering Sea coast in the Russian Far East, Chukotka Autonomous Okrug (District). The two TIG controlled Licences, Amaam and Amaam North, together comprise the “Amaam Coal Project”. Integral to the realisation of the Amaam North project is the TIG owned Beringovsky Port and Coal Terminal, located 35km to the north east of the Amaam North tenement.
Business in Russia
Tigers Realm Coal, partly owned by Russia’s state investment body, has launched legal action against the federal government in the wake of Foreign Minister Penny Wong’s sanctions imposed to prevent Australian companies doing business in Russia following Vladimir Putin’s invasion of Ukraine. Tigers Realm Coal Limited has faced significant challenges over the past year due to geopolitical tensions and regulatory hurdles in Russia, leading to the decision to dispose of all its Russian assets. The sale process has been complicated by new Russian legislation imposing financial conditions, and delays in obtaining necessary approvals. The company is negotiating revised terms for the sale, with a reduced selling price and increased exit taxes, but completion is pending further approvals and agreement on terms.
Decision trail
Decision date 15/04/2024 · Reference ↗
Tigers Realm Coal Limited engages in the identification, exploration, development, mining, and sale of coal deposits in Russia and Asia. Tigers Realm Coal said it will sell its assets, including two Siberian coking coal mines and an export terminal, for $49 million to APM-Invest, owned by Russian businessman Mark Buzuk. Tigers Realm Coal nears completion of Russian subsidiary sale amid legislative delays. Tigers Realm Coal Limited has been navigating the sale of its Russian operations to Limited Liability Company APM-Invest, with the process being delayed due to new Russian legislation affecting company exits. The company is also dealing with compliance issues related to the Australian Sanctions Regime, which has impacted its ability to provide financial documents on time. The completion of the sale is pending presidential approval, which once obtained, will allow the company to proceed with its financial filings. Revenue decreased in 2024 vs 2023 by more than -10%. Tigers Realm Coal is still attempting to complete the sale of its Russian mining and port subsidiaries to APM-Invest under a share purchase agreement signed in April 2024, but the deal remains stalled pending required Russian presidential and governmental approvals.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
Upgrade to Professional