
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 ...