Russia’s Putin orders cabinet to develop rare earth minerals plan

Investing.comTuesday, November 4, 2025 at 11:17:14 AM
Russia’s Putin orders cabinet to develop rare earth minerals plan
In a significant move, Russian President Vladimir Putin has instructed his cabinet to formulate a comprehensive plan for the development of rare earth minerals. This initiative is crucial as rare earth elements are essential for various high-tech industries, including electronics and renewable energy. By focusing on this sector, Russia aims to enhance its economic independence and strengthen its position in the global market, especially amid increasing demand for these critical resources.
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