South Korean Samsung Display has stopped purchasing Russian gold, tungsten and tantalum, according to the company's reports. Previously, these metals were supplied by Krastsvetmet, Solikamsk Magnesium Plant (part of the mining division of State Corporation Rosatom) and other Russian enterprises. Experts do not rule out that the refusal may lead to an increase in the cost of electronics by 2-5%. Samsung Display, part of Samsung Semiconductor, makes screens for smartphones, including the Apple ...

"Russia will increase the production of deficient raw materials, including niobium, tantalum, wolfram, beryllium, within the national project titled New Materials and Chemistry, Prime Minister Mikhail Mishustin stated at the Znaniye (Knowledge) society marathon. "The government devoted a separate national project New Materials and Chemistry to handling this problem. The national project will focus on four areas: chemistry, biotechnologies, composites, and rare metals," he said, adding that "the ...

JSC "Arkmineral – Resource" in the Murmansk Region is developing the Afrikanda rare-earth metals deposit, has begun designing a processing plant. Construction of the complex, capable of processing approximately one million tons of ore annually, is set to begin in 2026–2027, according to a TASS report citing the company’s General Director Andrey Trenin. He emphasized that key technical solutions for the plant are already finalized. This year, the company plans to register the reserves on the ...

JSC "Arkmineral – Resource" in the Murmansk Region is developing the Afrikanda rare-earth metals deposit, has begun designing a processing plant. Construction of the complex, capable of processing approximately one million tons of ore annually, is set to begin in 2026–2027, according to a TASS report citing the company’s General Director Andrey Trenin. He emphasized that key technical solutions for the plant are already finalized. This year, the company plans to register the reserves on the ...