Moscow wants to protect its defence and construction industries from further growth in raw materials costs as prices for metals rise at a global level.
Global gold production fell by 3.8 million ounces in 2020 as covid-related disruptions in South America more than offset gains in Russia and West Africa.
The International Renewable Energy Agency reports that, in some cases, new renewable power generation capacity has electricity costs lower than the cheapest source of new fossil fuel‑fired capacity.