Russia develops domestic lithium production to reduce import dependency

Russia is working to establish a closed-loop lithium production chain to reduce its historical dependence on imported raw materials. The strategic move involves activating a large-scale lithium project on the Kola Peninsula and planning the construction of major processing plants.

The global lithium market is currently dominated by China, which controls over 60% of lithium refining capacity and approximately 75% of global battery cell production. While much of the world's raw lithium is located in the