Russia to allocate 735 million rubles as subsidies for rare earth metals
Edited by Rhod Mackenzie / 2014-01-24 04:28:38
Russian Government has approved decree on subsidizing of interest rates on investment projects in the sphere of rare and rare earth metals production to the total amount of over 735.2 million rubles in 2014-2016, the single portal of normative legal acts information disclosure reports.
According to the document, this is just the first stage of the program on subsidizing of interest rates on investment projects. In 2014, 11.2 million rubles, in 2015 – 133.3 million rules and in 2016 – 590.8 million rubles will be invested.
