Development of the rare earth metals industry in Russia
The material examines the current state, key constraints, and development prospects of Russia's rare earth metals industry in the context of growing global demand.
Development of the Rare Earth Metals Industry in Russia
Based on materials from "RosBiznesKonsalting" (RBC), the Center for Economic Research and Reforms analyzed the state and development prospects of Russia's rare earth metals industry in 2025. Despite high resource potential, low technological efficiency indicates that Russia possesses large resource reserves of rare earth metals. According to estimates by the Ministry of Natural Resources of Russia, their volume reaches up to 28.7 million tons, while according to the US Geological Survey, it stands at 3.8 million tons, making it...