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Mining In

Russia

Mining Projects in Russia

 

Russia mining projects coming soon!

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Russia Mining Overview

Mine Production Information

Russia has generally maintained near-constant production of a huge range of mineral resources over the last two years. This reflects significant control exerted over the mining industry.

Value-Added Products

While Russia’s smelting of aluminum decreased from 3,720,000 tons in 2013 to 3,500,000 tons in 2014, year-end capacity rose 140,000 tons to 4,180,000 tons in the same time period. Semi-finished products made from carbon steel and flat-rolled iron and steel contribute the majority of Russia’s non-fuel mineral export value.

Major Exports

Ferrous Metals • Bituminous Coal • Aluminum • Mineral Fertilizers • Nickel • Ferrous Ores and Concentrates

Market Summary

Russia is currently experiencing some economic stabilization after the sanctions imposed upon it over the civil war in Ukraine. The weak Ruble is buoying exports, and it is likely that Russia will continue to rely on mining projects for a substantial proportion of its GDP. New projects are currently being explored and planned.

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