Russia and the United States of America have started discussing joint projects in the field of rare earth metals. This was reported by the head of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, in an interview with the Russian newspaper “Izvestia”.
This is reported by Kyiv24
“Rare earth metals are an important area for cooperation, and we have certainly already begun discussions on various projects in this sector within Russia,” Dmitriev stated.
According to the publication, several companies have already expressed interest in these initiatives. Previously, the head of the RDIF noted that Russia has significantly larger reserves of rare earth metals compared to Ukraine, which opens up opportunities for developing cooperation both with the USA and other countries.
Moreover, it was recently revealed that Russian President Vladimir Putin has nationalized the largest producer of rare earth metals in the country, the Solikamsk Magnesium Plant, transferring it to the state corporation “Rosatom”, which is under the control of individuals close to the Kremlin.
In light of these events, Putin held a meeting regarding the development of the industry, emphasizing that Russia has more rare earth metals than Ukraine. Additionally, on February 24, US President Donald Trump stated on his social platform Truth Social that he and Russian leader Vladimir Putin are discussing “big” economic deals as part of negotiations to end the war.