The Lysan alkaline–ultramafic complex is located in the Sisim shear zone at the contact of the two largest tectonic structures of the accretion–collisional belt in the southwestern frame of the Siberian craton. Intrusions of the complex consist of ore-bearing olivinites, kaersutite clinopyroxenites, and banded kaersutite gabbro, which have been «cut» by albitite dykes and veins. The veins and veinlets of the carbonate rocks are mainly associated with the albitites. The present paper represents the first detailed mineralogical study of carbonate rocks and albitites in the Podlysansky Massif of the Neoproterozoic Lysan alkaline–ultramafic complex. The mineral composition was determined in situ in a polished section by scanning electron microscopy, energy dispersive spectrometry, and electron probe microanalysis. The carbonate rocks of the Podlysan Massif have been found to contain minerals that are typical of siderite–carbonatites (senso stricto), including calcite, siderite, phengitic muscovite, apatite, monazite, REE fluorocarbonates, pyrite, and sphalerite. These rocks are enriched in light rare earth elements due to the presence of monazite-(Ce), bastnäsite-(Ce), parisite-(Ce), and synchysite-(Ce). The albitites were formed as a result of the fenitization of leucocratic gabbro by alkali-rich carbo-hydrothermal fluids in zones of intense development of tectonic fractures. Infiltration was the dominant mechanism of fenitization. The obtained data significantly enhance the current understanding of the geochemical and ore specialization of rocks in the Lysan Complex.