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 ...

"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 ...

"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 ...

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 ...

"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 ...