Russia wants to hold auctions for some scarce metal deposits

No time to read?
Get a summary

Evgeny Petrov, head of the Federal Agency for Subsoil Utilization (Rosnedra), said the agency plans to hold auctions soon for deposits of manganese and chromium ores, tungsten, molybdenum, titanium, uranium, as well as rare and rare earth metals. It has been reported DEA News.

“We plan to hold auctions for manganese and chromium ores, tungsten, molybdenum, titanium, uranium deposits, and rare and rare earth metals in the near future,” Petrov said.

Former Head of the Department of Oil, Gas, Groundwater and Structures of Rosnedr Nina Erofeeva statedThat the volume of hard-to-recover oil reserves (TRIZ) in Russia has increased by 30% in the last nine years and the annual increase in their production is on average 16%.

In the first half of November 2022, the press service of the Ministry of Education and Science of Russia reported that scientists from the Siberian Federal University (SFU) have developed a mathematical model that explains the process of oil displacement from rock formations.

In mid-January, the Ministry of Economic Development reported an increase in the production and processing costs of oil, gas and metals in Russia.

No time to read?
Get a summary
Previous Article

TASS: Armed Forces of Ukraine replenish its troops near Gorlovka after each exit to positions due to casualties

Next Article

President of the United States congratulates the Prime Minister of Greece on his re-election