Russian government plans to boost rare earths output
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...