Russia exceeded the plan for mining by 162 percent

April 21 2023

During a recent meeting of the board of Rosnedra, Minister of Natural Resources and Ecology Alexander Kozlov announced a significant increase in mineral production last year, and also outlined the prospects for further development of the industry.

Mining Revenue Plan Exceeded by 162%

- emphasized the head of the department.

Kozlov also spoke about maintaining the pace of replenishment of oil and gas reserves, mentioning the prerequisites for creating a gas production cluster in Yakutia. Along with this, the minister with a high degree of probability assumed an increase in gold mining in Siberia.

In addition, Alexander Kozlov announced plans to develop seven deposits for the extraction of lithium, niobium, beryllium and tantalum. Given the growth in demand for raw materials on world markets, it is quite likely that investment in the Russian mining sector will increase.

Earlier, the minister held a meeting with the head of the Sakha Republic, Aisen Nikolayev. During the conversation, a proposal was made that Yakutia should become a pilot region for an intensive increase in the mineral resource base. This will attract investments to the republic and encourage further development of these territories. According to the results of last year, the volume of investments in exploration in Yakutia amounted to about 50 billion rubles.

Photos used: pxfuel.com

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Offline Jacques sekavar

Jacques sekavar (Jacques Sekavar) April 21 2023 18: 08

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The war requires an increase in the supply of raw materials, and the development of high-tech industries of rare earth elements - lithium, niobium, beryllium, tantalum.
The Russian Federation has long become a region for the intensive growth of the mineral resource base. It does not require capital expenditures for industrialization - the production of means of production, and investments in the extractive industries and exploration require incomparably smaller capital investments and bring tangible income - therefore, all underdeveloped state formations are raw material appendages of technologically more developed state formations, and some of them are proud of their neo-colonial status
1. Offline Nelton
  
  Nelton (Oleg) April 21 2023 18: 30
  
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  Quote: Jacques Sekavar
  investments in extractive industries and exploration require incomparably smaller capital investments and bring tangible income
  
  How to say...
  
  take Udokan for example.
  
  The largest in the country and the third in the world in terms of copper reserves (about 24,6 million tons)
  
  The construction of the industry's largest mining and processing plant with a copper-chemical plant on the basis of the Udokan copper deposit has been planned since the 1970s. Design materials for the construction of the Udokan GOK were prepared in 1969, 1972, 1980, 1995 and 2000. All projects by Mosgosexpertiza were rated as unprofitable.
  
  Surprise?
  
  But they took on the project
  
  The cost of the first stage of the development of Udokan was estimated at $2,9 billion, the second stage - at $4 billion. According to Akylbek, investments in the project have currently exceeded 100 billion rubles, the launch of the first stage of production is scheduled for 2023
  
  current status - equipment testing.
  https://www.eastrussia.ru/news/kholodnye-ispytaniya-oborudovaniya-nachalis-na-udokane-/
  
  For comparison -
  
  In St. Petersburg, a new production site "NPF Zavod Izmeron" was opened - oil and gas equipment will be produced here
  Construction began in 2020, the project cost more than 2,3 billion rubles.
  
  A workshop for the production of certain components can even meet 500 million rubles.
  And any complex product, in general, consists of those.
Offline In passing

In passing (Galina Rožkova) April 21 2023 19: 40

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Not even a gas station. Just an oil well, a faucet in the ground, roughly speaking. And then we buy components from all this, according to bypass schemes.
Offline Sergey Latyshev

Sergey Latyshev (Serge) April 21 2023 20: 00

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Ага.
Someone's income plan - 162%
And the excess profit tax - no, no, once again. The growth of the fortunes of the first 100 oligarchs is sacred.
They write that they will take an additional 3% tax on the poor, or something like that.
Offline Anton Kuzmin

Anton Kuzmin (Anton Kuzmin) April 22 2023 12: 26

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Title does not match content.
The title refers to overfulfillment of the production plan by 162%. That is, now we are allegedly extracting 262% of what we planned.
We read the article carefully and see that we are not talking about production, but about profit. Duc profit can grow even with a fall in production! (As it actually happens). Purely because of the rise in prices! and Fso! There is nothing to give a medal to the bosses - they did not raise these prices. Nefig cling! And if you reward. then Dementia Bidenov! :)