Institute of Geology, Karelian Research Center, Russian Academy of Sciences, Petrozavodsk, Russia:

V. I. Ivashchenko, Leading Researcher, Candidate of Geologo-Mineralogical Sciences, ivashche@krc.karelia.ru

Current condition and growth prospects of raw materials base of Preсambrian rare metals in the Republic of Karelia are assessed. Classification results of Karelian formations of rare metals are presented. It is found that the territory of Karelia, considering the available geological knowledge on rare metal mineralization and the global market trends, is promising in terms of V, In, Re, U, Nb and Be reserves. Additional research, exploration and appraisal have added the raw materials base on the Republic with scandium, yttrium and lithium group rare earths. The basic terms of development of the rare metals base in Karelia are: for vanadium and rhenium — development of mineral deposits; for indium — expansion of consuming branches of industry. It is mentioned that the Republic of Karelia is one of the most promising and investment-attractive regions for industrial production of indium and vanadium in Russia. Expansion of rare metals base requires integrated research–exploitation–appraisal in close cooperation with geological agencies and supervising governmental authorities.

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