Smart Technologies in REM Production Economy in Russia

The article discusses the problems of the development of the rare earth metals industry in Russia using smart technologies. Although China currently controls about 60% of the rare earth metals market, Russia has significant competitive potential in this area. In the context of the expansion of Russian business into resource markets and the preparation of the country for techno-logically independent development in the conditions of the cyclical down-turn of the global economy 2022−2030. Russia’s interest in recreating the Soviet closed system of REM production is expected to increase. The geography of REM production is determined by the geography of REM ore de-posits, and the planned contour of the geography of REM production is determined by the strategic needs of the Russian industry and its partners in the technological chain. At the same time, the restoration of REM production is not advisable on the basis of the Soviet model, since it did not take into ac-count the capabilities of existing smart technologies. The purpose of the scientific article is to determine the directions of the introduction of “smart” technologies into the production and economic model of Russian REM production. The reserves of increasing the economic efficiency of REM production are investigated, taking into account the possibilities of introducing “smart” technologies into the process of designing and constructing REM production in Russia. The actual ways of using the foreign experience of integrating “smart” technologies, taking into account the cur-rent needs of REM production in Russia, are revealed. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.