By 2030, Russia plans to achieve a rare earth metals production volume of 3,000 tons, which will fully meet the country’s domestic demand for these strategically critical resources. This was reported by “TASS”, citing Konstantin Fedorov, Deputy Director of the Metallurgy and Materials Department at the Ministry of Industry and Trade. According to Fedorov, the projected production volume by 2030 will entirely cover the anticipated needs of the Russian economy. Currently, Russia is forced to import ...

"Most rare earth metal (REM) deposits in Russia are understudied, and their development could benefit from technological support from foreign partners," said Vladimir Potanin, Head of Nornickel, in a statement to journalists. "I believe that since these projects are complex, technological support from various partners would be beneficial," He replied to the questions about the cooperation with foreign partners in the development of these resources. Russian Federation plans to reduce its reliance ...