Russian Minister Manturov Hails Gold Miners’ Entry into Rare Earths
Russia’s industry minister says the growing participation of gold-mining companies in rare and rare-earth metal projects is a positive trend.
Russian Deputy Prime Minister and Minister of Industry and Trade Denis Manturov described the expansion of gold-mining companies into rare and rare-earth metal (RZM) projects as a positive development. In an interview with Kommersant, he noted that broadening the circle of participants in RZM initiatives strengthens the sector.
The remarks underscore Moscow’s push to reduce reliance on imported rare-earth materials, which are critical for defense, electronics, and green energy. No specific companies or timelines were mentioned in the statement.
Source: MarketTwits