The measure will avoid “problems of forced inhibition of the development of artificial intelligence and digitalization technologies” that may arise due to a lack of electricity.
“If we say that mining is the forerunner of digitalization, then in the near future mining in some regions of Russia will be prohibited at the state level,” said Grabchak.
The Deputy Minister clarified: not only private, but also industrial mining is subject to the state ban.
“Zones of the Far East, South-West Siberia and the South are already suffering due to power shortages. The regions have completely exhausted their energy potential until 2030. The Ministry of Energy will not be able to provide more power to anyone,” the official explained.
Telegram channel DeCenter
announced to its four million subscribers, which has “insider information” about the full list of regions where the authorities will ban mining: the Republic of Buryatia, the Trans-Baikal Territory and the Irkutsk Region. Irkutsk is “the largest mining region in Russia,” the telegram channel clarified.
Earlier, Russian President Vladimir Putin signed a law allowing the government to ban mining in any region of the country. The law will come into force on November 1 and will make the Federal Tax Service (FTS) responsible for maintaining a register of companies and entrepreneurs that are allowed to engage in mining in Russia.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
