Govt orders to auction Kolmozerskoye lithium deposit in 2023

MOSCOW, Dec 26 (PRIME) -- The Russian government has ordered the Federal Mineral Resources Agency to hold an auction for the Kolmozerskoye lithium deposit in the Murmansk Region in 2023, the government said in a ruling published on Monday.

The minimum payment for the deposit is set at 1.56 billion rubles.

The Kolmozerskoye is Russia’s largest and most promising lithium deposit holding lithium oxide reserves of 843,645 tonnes.

(68.6760 rubles – U.S. $1)

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