The non-ferrous metallurgy industry in Russia is undergoing profound changes due to geopolitical shifts, the transition to green energy, and the need to develop processing industries. Non-ferrous metals, as strategically important products, can play a decisive role in achieving the global goals of the Russian economy related to economic security, the development of domestic markets, the reconstruction of high-tech industries, the modernization of stably functioning industries, and the improvement of the quality of life for the population. The purpose of this research is to study the trends and risks affecting non-ferrous metal producers and to assess the opportunities and challenges for developing both external and domestic markets, ultimately aiming to ensure sustainable demand for the products of mining companies and metal producers. The primary research methods used include general scientific approaches such as comparative analysis, synthesis, and decomposition. This paper reviews the current state of Russia's non-ferrous metallurgy sector and explores its development prospects, with a specific focus on Norilsk Nickel, a key player operating in the Arctic. The main results of the study include an assessment of the current global market for non-ferrous metals, their role in the energy transition, and the formation of a low-carbon economy. The study also analyzes and summarizes the challenges facing domestic non-ferrous metallurgy and suggests potential directions for its development in the current economic context. A critical analysis of the Strategy for the Development of the Metallurgical Industry of the Russian Federation for the Period up to 2030 reveals that several important aspects and issues are not adequately addressed in the document. For example, it lacks a strategic planning methodology and fails to consider the specific characteristics and potential of the Arctic’s non-ferrous mineral resource base. The practical significance of this study lies in clarifying the prospects for utilizing non-ferrous metals to support the revitalization of high-tech industries in the national economy.
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