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Nikolay Matyash
Executive Director
Mining Advisory Council
Speaker profile
Mr. Nikolay V. Matyash graduated from the Department of Journalism at Moscow State University named after M.V. Lomonosov in 1987. He worked for “Novosti” Press Agency in Moscow.
In 1996, he graduated from School of International Service at the American University, Washington, D.C., with Master’s degree in International Affairs: International Politics.
The same year he returned to Moscow and started working for Petroleum Advisory Forum as Co-ordinator for Services and Equipment Committee and Transportation Committee.
In 2001, international mining companies operating in Russia invited Mr. Nikolay V. Matyash to join the Mining Advisory Council in Moscow. Since then he has been working as the Council’s Executive Director.
In 2002, Mr. Nikolay V. Matyash completed Corporate Governance Program at the Schulich School of Business at York University in Toronto, Canada. He was awarded with a Certificate of Achievement.
In 2013, he was delegated to the post of Chairman of the Subcommittee for Subsoil Users of the Committee of Precious Metals and Precious Stones at the Chamber of Commerce and Industry of the Russian Federation.
In 2017, he became a member of the Working Group on improving and amending the Law “On Subsoil” under the State Duma Committee on Natural Resources, Property and Land Relations.
Presentation summary
Attracting Foreign Investment into the Russian Rare Metal Industry
Rare metals are characterized by their dissemination in ore deposits resulting in a complex technology of their production and high cost in the world market. In the part of a subgroup of rare-earth metals extraction and production over 90% is monopolized by China. This determines the specific nature of production and world trade. Russia has significant proven reserves of rare and rare earth metals. Russia's innovation and industrial policy in relation to rare metals requires clarification of priorities and better strategic marketing. There is a growing interest of foreign investors in the development of large deposits of rare metals worldwide. Russia can attract foreign investment into its rare metal industry by granting preferences and privileges. Recommendations are given to the government and business.