The Russian government has decided to decrease the rare-earth metals ore mining tax.
According to the chairman of the government Dmitry Medvedev, this will stimulate the mining of rare-earth metals.
The tax is proposed to be decreased from 8% to 4.8%.
“Some types of rare-earth metals are of strategic importance. But the development of their deposits is complex, I mean investments attraction as well”, he said. (Ukrainian metal)
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