Russia plans global rare earths domination
Published: Wednesday, 22 October 2014
Russia claims to have the world’s second largest rare earths reserves after China, and before 1990 the country was a significant producer. New government and private enterprise plans could see the nation regain its influence in the rare earths market by the end of the decade.
By Eugene Gerder
The Russian government has publicised its intention to
become the worlds largest producer and exporter of rare
earths over the next few years and is investing up to Russian
rouble (R) 145bn ($4.5bn*) in the industry by 2020. The Russian
government has publicised its...