RUSSIA GOVERNMENT PLOTS BOOST TO RARE EARTHS PRODUCTION
May 1st, 2017
The Russian government has told Industrial Minerals of its plans to help boost rare earth element (REE) production across Russia in upcoming years.
The government is initially setting aside USD350 million for direct and indirect support for the sector, said an official at the ministry of industry and trade.
Speaking at a meeting of government ministers on May 1, Denis Manturov, Russia’s minister of industry and trade, who has responsibility for developing the REE sector in Russia, said healthy domestic demand for rare earths within Russia was of key ...
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