The joint venture of Norilsk Nickel and Rosatom has received the right to develop the Kolmozersky field

The joint venture of Norilsk Nickel and Rosatom has received the right to develop the Kolmozersky field

The Kolmozersky field development project involves the production of lithium carbonate and hydroxide in the amount of 45,000 tons per year

The joint venture of Norilsk Nickel and the Mining Division of Rosatom State Corporation Polar Lithium has received the right to use the largest lithium deposit in Russia — Kolmozersky. This is stated on the website of PJSC MMC Norilsk Nickel.

Located in the Murmansk region, the field development project involves the production of lithium carbonate and hydroxide in the amount of 45,000 tons per year. These minerals are also used in the production of batteries. "The partners plan to create a large-scale integrated production from mining and processing to high-tech products, which will open more than 1,000 new jobs and will allow to replace imports to Russia of both lithium raw materials and battery components. The auction for the right to use a subsoil plot for geological study, exploration and extraction of minerals was conducted by the Federal Agency for Subsoil Use (Rosnedra). The starting amount of a one—time payment for the use of mineral resources amounted to 1.56 billion rubles, and the term of use of the site is 20 years,"the company said.

 

/According to PJSC MMC Norilsk Nickel/