On February 8, 2023, it was announced that Polar Lithium has been awarded the right to operate Russia's largest lithium deposit, the Kolmozerskoye deposit in Murmansk Region. The deposit is expected to yield 45 000 tons of lithium carbonate and lithium hydroxide per year. These minerals are used in the production of rechargeable batteries.
More detailed information can be found in Norilsk Nickel's press release.