Rostekh tries to get help for gas from the President for rare earth metals

As the Kommersant has got to know, joint venture of Rostekh and the ICT Group of Alexander Nesis on development of the Tomtorskoe rare earth metals deposit in Yakutia has faced difficulties with the energy supply. Rostekh wants to create generation there and to use gas of the Pronchischevskoye field for this, but this site is located in a protected natural area. Local authorities are willing to change the status of the reserve, but as the Ministry of Environment, as well as the habitants oppose this. As a result, head of Rostekh Sergei Chemezov asked for support of President Vladimir Putin.

The head of Rostekh, Sergei Chemezov has asked Vladimir Putin to give instructions to hold a competition for the extraction mining licenses for the Pronchischevskaya oil and gas area in Yakutia before the end of the year. This is stated in a letter of Mr. Chemezov dated July 25th. The Rostekh’s head explained that the joint venture of the state corporation and ICT Group of Alexander Nesis Triark Mining would develop the Tomtorskoe rare earth metals deposit in Yakutia (investment will be about $1 billion), and taking into account "the severe climate conditions and geographical remoteness" the projects need an independent power supply. According to Sergei Chemezov, back in February, the President of the republic Egor Borisov asked the head of the Ministry of Environment Sergey Donskoy to include the Pronchischevsky site in the list of projects for geological exploration