Russian government plans to boost rare earths output

By IM Staff
Published: Friday, 09 June 2017

Russia's Ministry of Industry and Trade has signalled its intention to support the rare earths sector through with financial backing, as restrictions on foreign processing technologies could be relaxed to help the country exploit its large resources.

by Eugene Vorotnikov

Russia’s government plans to increase domestic rare earths production over the next few years, officials familiar with the scheme have confirmed to IM.

According to Denis Manturov, Russia’s minister of industry and trade, the Putin administration will initially set aside the equivalent of $350m to directly...

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