Russia and Kazakhstan are discussing plans to intensify cooperation in the rare earth metals mining, Russian President Vladimir Putin said.
"Plans are being discussed to optimize cooperation in the chemical industry and the extraction of rare earth metals," Putin said after talks with Kazakh leader Kassym-Jomart Tokayev.
Earlier, the Russian president instructed to approve a roadmap for the long-term development of mining and production of rare metals and rare earth metals. The goal is to form a sovereign industry, independent of imports from China and the United States.
According to the Ministry of Natural Resources, the total reserves of 29 types of rare metals in Russia amount to 658 million tonnes. These include 15 rare earth metals, their reserves are estimated at 28.5 million tonnes.
Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished
