Complex use of mineral raw materials: formation of organizational and economic mechanism

Department of Economics, Organization and Management, Saint-Petersburg Mining University, Russia

Abstract

To date, issues related to the effective exploitation of the resource potential are becoming in-creasingly important for Russia. Gradual depletion of the mineral and raw material base and high level of ecological risks make this issue particularly relevant in the current conditions. The study deals with the development of organizational and economic mechanism that ensures the involvement and complex use of multicomponent ores to provide domestic industrial branches with important types of mineral raw materials. The theoretical aspects and main di-rections of the complex use of mineral raw materials are discussed. Critical analysis of modern frameworks is provided, key problems and barriers both economic and managerial (legal and regulatory policy) are identified. The possible measures to improve the CUMR projects’ eco-nomic efficiency are examined. The scheme of organizational and economic mechanism is presented. The study makes a number of recommendations aimed at the development of the complex use of mineral raw materials direction in Russia.