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Vostok Engineering LLC received the right to use subsoil resources at the Tomtorskoe deposit in Yakutia
On July 3, Prime Minister Dmitry Medvedev signed an order approving the results of an auction for the right to use a subsoil plot of federal significance, including the Tomtor field (Buranny site), located in the Republic of Sakha (Yakutia). The winner of the competition, in accordance with the materials of the Government, was Vostok Engineering LLC.
The company plans to explore and mine the ores of niobium, rare earth metals, scandium and associated components.
One-time payment, which, in accordance with the Law of the Russian Federation “On Subsoil”, subsoil users pay, will be 1052,672 thousand rubles.