Lithium production at the Kolmozerskoye and Polmostundra deposits may begin as early as 2025-2026. Exploration work is currently being completed at the fields, Russia’s minister of natural resources and ecology Alexander Kozlov said.
"We are closely monitoring the situation and see that exploration is going well and there will be a significant increase in reserves at these sites," he said.
The Polmostundra and Kolmozerskoye fields, located in the Murmansk region, were licensed in early 2023, according to b-port.com.
Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished