Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Russia wants to start processing tantalum by 2025

28 november 2023

The Ministry of Industry and Trade of the Russian Federation has announced a tender for R&D to create technology and organize the production of tantalum powders. The raw materials will be used for the needs of the domestic electronic industry, the Kommersant newspaper writes.

The declared value of the tender is 300 million rubles. The ministry expects that the production of tantalum powders will be launched in a couple of years. Russia's own processing of the rare metal is designed to replace products that are purchased in Kazakhstan, China and Germany.

Currently Russian companies send tantalum to third countries, after which they purchase already processed raw materials for manufacturers of electronic components. Last year, amid sanctions, exports of tantalum and other high-tech metals from the Russian Federation fell by half.

Experts believe that the tender amount will be enough for R&D, but additional investment will be required for the full implementation of the project. According to analysts, most likely, Rosatom will take over the development of technology and the production of powders. Among other applicants, there are specialized universities and institutes under the Russian Academy of Sciences.

Alex Shishlo for Rough&Polished