It is planned to increase the production of rare and rare earth metals in Russia by 8 times

🇷🇺”Russia expects to increase the production of rare and rare earth metals by 2030 by eight times and reduce the share of imports in consumption to 15%,” stated the Ministry of Industry and Trade of Russia

In previous years, technologies for processing complex ores and extracting these metals were developed. Rosatom’s investment projects are currently being prepared for launch with state support — these are Lovozersky GOK and Solikamsk Magnesium Plant, Rostec and Highland Gold projects — Tyrnyauz tungsten-molybdenum, Tastyg lithium and Ermakovskoye beryllium deposits. Plus, the initiatives of private companies — Skygrad Group will process phosphogypsum dumps in Voskresensk, and Norilsk Nickel together with Rosatom are working on “Polar lithium,” the Ministry of Industry and Trade of the Russian Federation said

▪️Russia retains the status of a world leader in titanium production.  VSMPO-Avisma Corporation has established supplies of ilmenite concentrate from friendly countries

CRYSTAL OF GROWTH previously informed that, according to Business Insider, the Russian economy is doing well, among other things, due to self-sufficiency in the production of important goods, including oil, natural gas, wheat and metals

@crystal_book