. July

On the eve of Metallurgist Day, Vladimir Putin arrived on a working trip to the Ural Federal District. The first item on the agenda was a visit to the Magnitogorsk Iron and Steel Works (MMK). Accompanied by Minister of Industry and Trade Anton Alikhanov, Presidential Plenipotentiary Envoy to the Ural Federal District Artem Zhoga, Governor of the Chelyabinsk Region Alexei Teksler, as well as Chairman of the Board of Directors of Magnitogorsk Iron and Steel Works Viktor Rashnikov and MMK General ...

Russian President Vladimir Putin pointed out that gold prices are at an all-time high at a meeting with Yury Chikhanchin, the head of the Federal Financial Monitoring Service or Rosfinmonitoring. "Historic high [for the price of gold]," the Russian leader said in response to Chikhanchin’s assertion that gold prices remain elevated, creating an opportunity to make big profits from buying and selling the precious metal. The Head of state also pointed to the trend of the growing use of gold in ...

Trade turnover between Russia and Saudi Arabia increased by more than 60% in 2024, to exceed $3.8 billion, Industry and Trade Minister Anton Alikhanov announced. "According to the results of last year, the volume of mutual trade increased by more than 60%, exceeding $3.8 billion. In the first quarter of this year, the pace increased even more. We have achieved a fourfold increase in trade turnover compared to the same period last year," he said at the business forum "Industrial Dialogue: Russia-Saudi ...

Production of rare-earth metals (REM) in Russia could increase sevenfold, said Anton Alikhanov, Russian Minister of Industry and Trade at a meeting of the Federation Council Committee on Economic Policy. "We have already developed the basic technologies for separating substances for rare and rare-earth metals. Thanks to large projects with interested investors, we expect to increase our own production of REM sevenfold, reducing dependence on imports to a minimum level," he said. Earlier, Russian ...