The FEDC and “Rosatom's” Mining Division signed a strategic cooperation agreement

A cooperation agreement on mineral resources development was signed between JSC “Rosatom Nedra” (the management company of the Mining Division of “Rosatom” State Corporation) and the Far East and Arctic Development Corporation (FEDC) at the World Atomic Week International Forum in Moscow. The document was signed by Vladimir Verkhovtsev, Director General of JSC “Rosatom Nedra”, Andrey Danilov, Director General of JSC “First Ore Mining Company” (an enterprise of “ROSATOM's” Mining Division), and Kirill Kamenev, Deputy Director General for Investment Promotion of FEDC.

The parties agreed to collaborate on the implementation of the large-scale “Pavlovskoye” investment project, which involves the construction of a mining and processing plant based on a lead-zinc ore deposit on the Novaya Zemlya archipelago in the Arkhangelsk region. According to the document, the partners will focus on developing a project concept that considers regional specifics, creating a modern production infrastructure, ensuring conditions for attracting government support and additional investment, developing logistics routes via the Northern Sea Route, and maximizing the project's export potential.

Latest news

© Russian Far East and Arctic Development Corporation, 2026