Saudi Arabia ready to cooperate with Russia in rare-earth metals
Saudi Arabia is interested in cooperation with Russia in the area of rare-earth metals, Minister of Industry and Mineral Resources of Saudi Arabia Bandar al-Khorayef told TASS in an interview. "Absolutely," he replied, when asked if prospects for cooperation with Russia in this area were being considered. "Last year, we announced that our reserves had increased from $1.3 trillion to $1.5 trillion, some of which were rare earths. We believe that we have a good percentage. We are now at a stage ...
15 July 2025., 10:40
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Production of rare-earth metals in Russia could increase sevenfold
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 ...
07 February 2025., 10:15
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Russia may become leader in rare earth-metals production
Russia may become a leader in extraction and processing of rare-earth metals (REM), if it manages to create infrastructures and comfortable business conditions in the Arctic, while the global industry will face a deficit in REM in 2030, Russian Academician, Doctor of Geology and Mineralogy Nikolay Pokhilenko told TASS. At the International Arctic Forum in April, Russian President Vladimir Putin said the creation of a rare-earth metals processing industry in the Arctic is one of priorities in ...
06 November 2025., 11:08
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“Rosneft” acquired a license for Tomtor rare earth metals deposit
Rosneft on May 20 became the owner of LLC ‘Vostok Engineering’, which owns the license for the development of Tomtor rare-earth metals (REM) deposit. Tomtor has the status of the largest niobium and REM deposit with the highest content in the world. Inferred resources are estimated at 154 million tons of ore with high oxide content of ten elements, including niobium, terbium, yttrium and scandium. Subscription to news
21 May 2025., 23:46
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Agenda of Russia-Afghanistan dialogue included rare-earth metals discussion
The topic of rare-earth metals was raised during the dialogue between Russia and Afghanistan, Russian Deputy Prime Minister Alexey Overchuk told reporters. He drew attention to the fact that "Russia has all the necessary competencies to conduct geological exploration." "Moreover, back in the days of the Soviet Union, we studied the territory of Afghanistan. Of course, some materials need to be updated, but we are also discussing it," he added. The first Russian-Afghan business forum was held ...
21 May 2025., 10:30
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The Murmansk Region will become a centre for processing rare-earth metals
The authorities are planning to create a production cluster in Murmansk Region focused on the deep processing of rare-earth metals (REM). This was announced by Alexei Chekunkov, Head of the Ministry for the Development of the Russian Far East and Arctic. He emphasised the unique potential of the region due to the presence of large deposits such as Lovozero and Afrikandskoye. They hold significant reserves of cerium, lanthanum and neodymium. In an interview with TASS, Chekunkov emphasised that ...
20 May 2025., 10:30
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Russia and India agree on scientific cooperation in rare-earth metals
The State Scientific Research and Design Institute for Rare-Metal Industry (JSC Giredmet, a research and design institute of the Rosatom state corporation) and the Indian Council of Scientific and Industrial Research have signed a declaration on cooperation in the field of rare and rare-earth metals, according to the corporate publication Rosatom Country. "The document envisions a qualitative enhancement of academic, scientific and research cooperation and interaction between Russian and Indian ...
14 May 2025., 10:25
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Russia and Brazil to join forces to mine rare-earth metals
Brazilian President Luiz Inacio Lula da Silva announced his intention to strengthen cooperation with Russia in the field of rare-earth minerals mining. Following his visit to Moscow and talks with Vladimir Putin, the foreign leader emphasized the importance of joint development of critical minerals for both states. “We have plans to increase our cooperation on exploration and production of critical minerals. Brazil should not miss any opportunities in the energy sector,” he told reporters. Subscription ...
13 May 2025., 10:30
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Russia has developed a technology to produce pure hafnium and zirconium
Employees of the Giredmet Institute (part of the Chemical Technology Cluster of Rosatom's Science Division) have developed an import-substituting technology for producing pure metals - zirconium and hafnium. The innovative method makes it possible to produce metal powders with a particle size that makes them a raw material for powder metallurgy and additive technologies. “Now, certain restrictions are imposed on the import of zirconium and hafnium to Russia,” explained Sergey Melnikov, scientific ...
29 April 2025., 10:50
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Rhenium extraction from Kuril volcano gas may start in 24 months
Pilot-scale extraction of rhenium and other rare metals for subsequent refinement and separation from concentrate may begin in Russia within two years at the world’s only commercial rhenium deposit — the Kudryavy Volcano on Iturup Island (Kuril Islands), one of investors in the Russian Rhenium project Maxim Korobov said. "The project is currently in the research and development phase, which has intensified since 2015. We hold several patents based on the selected technologies and our findings, ...
17 April 2025., 10:08
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Ministry for the Development of the Russian Far East and Arctic: Russia can offset up to 7% of global lithium deficit
According to forecasts, the global market could face a lithium shortage of approximately 1.3 million tons and a rare-earth metals deficit of 66,000 tons by 2040. Lithium is critical for manufacturing batteries for electric vehicles and renewable energy systems. In a report by Alexey Chekunkov, Head of the Ministry for the Development of the Russian Far East and Arctic, Russia’s domestic production development could offset up to 7% of the global lithium deficit (around 91,000 tons). Additionally, ...
15 April 2025., 14:30
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Lithium and tantalum production plant design launched in Murmansk Region
JSC "Arkmineral – Resource" in the Murmansk Region is developing the Afrikanda rare-earth metals deposit, has begun designing a processing plant. Construction of the complex, capable of processing approximately one million tons of ore annually, is set to begin in 2026–2027, according to a TASS report citing the company’s General Director Andrey Trenin. He emphasized that key technical solutions for the plant are already finalized. This year, the company plans to register the reserves on the ...
15 April 2025., 12:54
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Lithium and tantalum production plant design launched in the Murmansk Region
JSC "Arkmineral – Resource" in the Murmansk Region is developing the Afrikanda rare-earth metals deposit, has begun designing a processing plant. Construction of the complex, capable of processing approximately one million tons of ore annually, is set to begin in 2026–2027, according to a TASS report citing the company’s General Director Andrey Trenin. He emphasized that key technical solutions for the plant are already finalized. This year, the company plans to register the reserves on the ...
15 April 2025., 12:54
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Pushilin: DNR and Rosnedra preparing mechanism for lithium deposit development
The authorities of the Donetsk People’s Republic (DNR), together with Russia’s Federal Agency for Mineral Resources (Rosnedra), are developing a mechanism to transfer the Shevchenkivske lithium deposit in the DNR—liberated by Russian forces—for development, DNR head Denis Pushilin told TASS. "The Shevchenkivske lithium deposit, whose territory was liberated by Russian units, is still too close to the frontline to begin work. <...> Together with Rosnedra, we are working out a mechanism to transfer ...
14 April 2025., 13:43
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SMZ: Localizing rare-earth metals production for technological independence
Solikamsk Magnesium Plant (SMZ, part of the mining division of State Corporation Rosatom, managed by JSC Rosatom Nedra) has unveiled a strategy to develop its own technological platform for separating rare-earth metals (REMs). - “To ensure Russia’s strategic resource sovereignty, it is essential not only to possess our own separation technology but also to localize the production of all necessary components,” stated Alexander Stepanov, Director of Investments and Development at SMZ. Mr. Stepanov ...
04 February 2025., 10:19
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The mutual interest of Russian and American businesses in joint projects represents an initial step toward improving relations between the two countries, Kremlin spokesman Dmitry Peskov told reporters.
"This [mutual interest of Russian and American companies] is merely the initial stage following a period in which our relations reached their lowest point. Substantial efforts will be required to rectify the situation," Peskov stated. He added that US companies have shown interest in participating in joint projects for the extraction of rare earth metals, but no specific details have emerged thus far. "Some of them [American companies] have expressed interest. There are no specifics at this ...
04 January 2025., 10:11
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The mutual interest of Russian and American businesses in joint projects represents an initial step toward improving relations between the two countries, Kremlin spokesman Dmitry Peskov told reporters.
"This [mutual interest of Russian and American companies] is merely the initial stage following a period in which our relations reached their lowest point. Substantial efforts will be required to rectify the situation," Peskov stated. He added that US companies have shown interest in participating in joint projects for the extraction of rare earth metals, but no specific details have emerged thus far. "Some of them [American companies] have expressed interest. There are no specifics at this ...
04 January 2025., 10:11
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Russia aims to reach rare earth metals production of 3,000 tons by 2030
By 2030, Russia plans to achieve a rare earth metals production volume of 3,000 tons, which will fully meet the country’s domestic demand for these strategically critical resources. This was reported by “TASS”, citing Konstantin Fedorov, Deputy Director of the Metallurgy and Materials Department at the Ministry of Industry and Trade. According to Fedorov, the projected production volume by 2030 will entirely cover the anticipated needs of the Russian economy. Currently, Russia is forced to import ...
27 March 2025., 11:41
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Technological support is needed for the development of rare earth metal deposits
"Most rare earth metal (REM) deposits in Russia are understudied, and their development could benefit from technological support from foreign partners," said Vladimir Potanin, Head of Nornickel, in a statement to journalists. "I believe that since these projects are complex, technological support from various partners would be beneficial," He replied to the questions about the cooperation with foreign partners in the development of these resources. Russian Federation plans to reduce its reliance ...
20 March 2025., 10:03
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