Late Neoproterozoic Arbarastakh alkaline ultramafic carbonatite-phoscorite complex in the southern margin of the Siberian craton (Aldan-Stanovoy shield), includes carbonatites and phoscorites closely associated with pyroxenites-ijolites and ultramafic lamprophyres. Major and trace elements data, Sr, Nd and Pb isotope compositions for the Arbarastakh rocks have been obtained to characterize the sources involved in their formation, primary melt composition and to build the petrogenetic model.All rock varieties, excluding nepheline syenites, are characterized by incompatible elements enrichments, including light rare earth elements, and strong fractionation of REEs. The initial isotope ratios of the analyzed samples, calculated at 645 Ma, display limited variations: εNd from +5.9 to +6.9 and 87Sr/86Sr from 0.70225 to 0.70272, excluding nepheline syenite with εNd +5.4. The initial Pb isotope ratios for the most studied samples overlap with each other within uncertainties. They yield an age of 642 ± 5 Ma. The Nd and Sr isotope data of the Arbarastakh rocks generally fit the patterns of the other Neoproterozoic alkaline ultramafic carbonatite complexes of the southwestern and southern margins of the Siberian craton. Observed Sr, Nd and Pb isotope variations indicate mixing of the asthenosphere and the depleted mantle components.It is supposed that the primary melts for the Arbarastakh rocks were generated directly by low-degree melting of metasomatic phlogopite‑carbonate veins with apatite and Ti-oxides in garnet peridotite, which formed shortly before the onset of melting. Ultramafic lamprophyre (aillikite) is closest to the primary melt composition in terms of high #MgO, Cr and Ni. The aillikite and latter pyroxenite crystallized from primitive melt by fractionating the olivine, phlogopite and clinopyroxene dominated mineral assemblage that was free of feldspar. This fractionation forced Na-enrichment in the magmas resulted in liquid silicate‑carbonate immiscibility. Major and trace element and isotope data indicate that the nepheline syenites are unlikely to be related with other alkaline silicate rocks through fractional crystallization and could have been formed through pre-emplacement interaction with the ambient crustal materials. Emplacement of calcite carbonatites resulted in metasomatism of surrounding pyroxenites with formation of clinopyroxene-phlogopite-calcite carbonatites. Subsequent portions of Fe-P-enriched carbonatite magmas crystallized phoscorites and apatite-dolomitic carbonatites.