Rosneft on May 20 became the owner of LLC ‘Vostok Engineering’, which owns the license for the development of Tomtor rare-earth metals (REM) deposit. Tomtor has the status of the largest niobium and REM deposit with the highest content in the world. Inferred resources are estimated at 154 million tons of ore with high oxide content of ten elements, including niobium, terbium, yttrium and scandium. Subscription to news
The topic of rare-earth metals was raised during the dialogue between Russia and Afghanistan, Russian Deputy Prime Minister Alexey Overchuk told reporters. He drew attention to the fact that "Russia has all the necessary competencies to conduct geological exploration." "Moreover, back in the days of the Soviet Union, we studied the territory of Afghanistan. Of course, some materials need to be updated, but we are also discussing it," he added. The first Russian-Afghan business forum was held ...
The authorities are planning to create a production cluster in Murmansk Region focused on the deep processing of rare-earth metals (REM). This was announced by Alexei Chekunkov, Head of the Ministry for the Development of the Russian Far East and Arctic. He emphasised the unique potential of the region due to the presence of large deposits such as Lovozero and Afrikandskoye. They hold significant reserves of cerium, lanthanum and neodymium. In an interview with TASS, Chekunkov emphasised that ...
The State Scientific Research and Design Institute for Rare-Metal Industry (JSC Giredmet, a research and design institute of the Rosatom state corporation) and the Indian Council of Scientific and Industrial Research have signed a declaration on cooperation in the field of rare and rare-earth metals, according to the corporate publication Rosatom Country. "The document envisions a qualitative enhancement of academic, scientific and research cooperation and interaction between Russian and Indian ...
Brazilian President Luiz Inacio Lula da Silva announced his intention to strengthen cooperation with Russia in the field of rare-earth minerals mining. Following his visit to Moscow and talks with Vladimir Putin, the foreign leader emphasized the importance of joint development of critical minerals for both states. “We have plans to increase our cooperation on exploration and production of critical minerals. Brazil should not miss any opportunities in the energy sector,” he told reporters. Subscription ...