In 2024, Karelia significantly increased funding for the mining industry, allocating 15.9 billion rubles for its development. These investments accounted for more than 20% of total capital investments in the region, which is 7.6% more than in the previous year.
The mining industry plays a key role in the economy of Karelia, providing 40% of the total industrial output. Last year, several large projects were implemented in the region:
- A new crushed stone plant was opened in the Lakhdenpokhsky district with an investment of 2.9 billion rubles.
- The production of quartzite sandstones with a capacity of 1 million tons per year was launched at the Shokshinskoye deposit.
- On the shore of Lake Onega, construction of a cargo pier began for 317 million rubles for convenient transportation of stone.
In the Kondopozhsky district, a site for extracting and sawing blocks has opened, and a modern stone processing workshop is being built in the village of Shalsky. Total investments in these projects exceeded 500 million rubles.
In addition, the quarry infrastructure in Suoyarvi was modernized by allocating 155 million rubles, and field “Kovadyarvi” resumed marble extraction with a budget of over 545 million rubles.
A high-tech production of stone building materials has opened in Petrozavodsk, and it is also planned to create a logistics complex. According to Deputy Prime Minister of Karelia Oleg Ermolaev, these projects not only increase the efficiency of the industry, but also create additional jobs.
Investments in the mining industry strengthen the economy of the region and open up new opportunities for its development.
The material was prepared with the support of the Russian Ministry of Education and Science as part of the Decade of Science and Technology.
Source: @dprom








