Russia to Initiate Lithium Extraction in Murmansk Region This Year
Russia to begin lithium extraction in Murmansk Region this year

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Russia plans to commence pilot industrial lithium extraction at the Polmostundrovskoye deposit in the Murmansk Region in 2023. This initiative, announced by Natural Resources Minister Alexander Kozlov, aims to establish a foundation for future lithium production in the country, with expectations for further developments by 2026.
- 01Pilot industrial lithium extraction will begin at the Polmostundrovskoye deposit in the Murmansk Region this year.
- 02Natural Resources Minister Alexander Kozlov highlighted that industrial lithium production has not yet started in Russia.
- 03The Kolmozerskoye deposit on the Kola Peninsula is expected to be the first facility for industrial production.
- 04The St. Petersburg International Economic Forum will occur from June 3-6, focusing on global economic transformation.
- 05The Roscongress Foundation is organizing the forum, which serves as a platform for discussing new global development models.
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In 2023, Russia is set to launch pilot industrial lithium extraction at the Polmostundrovskoye deposit located in the Murmansk Region, as announced by Alexander Kozlov, the Russian Natural Resources Minister. This initiative marks a significant step towards establishing lithium production in the country, which has not yet commenced. Kozlov indicated that the Kolmozerskoye deposit on the Kola Peninsula is anticipated to be the first facility to facilitate industrial lithium production, with further developments expected by 2026. The announcement comes ahead of the St. Petersburg International Economic Forum, scheduled for June 3-6, which will focus on reshaping global economic models amidst ongoing transformations in the world economy. The forum is organized by the Roscongress Foundation, which also serves as the general information partner for the event. This lithium extraction initiative is part of Russia's broader efforts to enhance its mineral resource production and contribute to the global lithium supply chain, which is increasingly vital for battery manufacturing and electric vehicle production.
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The initiation of lithium extraction in the Murmansk Region is expected to boost local economic activity and create job opportunities.
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