ABSTRACT
To date, issues related to the effective development of mineral and raw material base are becoming increasingly important especially for Arctic zone. Particular attention is paid to expanding the possibility of the integrated use of mineral deposits in order to extract rare-earth components. Currently, a significant deficit has formed in these elements, however, the prospects for the domestic REE industry’s development remain uncertain. It determines the relevance of the topic. This paper deals with the investigation of possibilities for REE mining projects development strategic forecasting. The overview of national and global rare earth market is presented. Strategic importance of REE projects implementation for Russia is discussed. Existing strengths, weaknesses, threats and opportunities of REE mining industry projects in Russian Arctic with the aid of SWOT-analysis are identified. Decomposition of factors determining uncertainty of rare earth projects forecasts is presented. The study makes a number of recommendations aimed at the creation of strategic forecasting system of REE industry development in Russia.
