Russia accounts for 8.8% of the world's copper reserves

Such data is contained in the State Report on the state and utilization of mineral resources of the Russian Federation, published on the website of the Ministry of Natural Resources of Russia. Copper belongs to the first group of minerals, the reserves of which, under any scenario of the national economy development, meet its necessary needs until 2035. Russia has a large raw material base of copper and ranks 7th among the largest producers. The basis of the country's raw material base is formed ...
17 April 2025., 10:15   comment

Nornickel plans to launch joint venture for copper mining

On the sidelines of the Russian Union of Industrialists and Entrepreneurs Congress held in Moscow last week, Nornickel’s President Vladimir Potanin informed journalists that agreements with Chinese partners to establish a joint venture for copper mining are expected to be finalized shortly. Mr. Potanin noted that the process is underway, but discussing details would be premature. The company has secured government support for its strategic development concept, which includes cooperation with ...
25 March 2025., 09:44   comment