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Russia to develop measures to stimulate geological exploration of mineral resource base

Source: Mysteel Mar 17, 2025 10:45
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The Russian government has recently approved an action plan to implement a strategy for the development of the country's mineral resource base until 2050, focusing on expanding the extraction of rare-earth metals. This was announced by Prime Minister Mikhail Mishustin.
According to Mishustin, in order to intensify efforts in this area, it is necessary to improve the system of incentives for geological exploration, including research in hard-to-reach regions of special interest to Russia: the Arctic, Antarctica, Spitsbergen and the world ocean.   The prime minister also stressed the importance of expanding

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