Russia, US discussing rare earth metals projects, Putin envoy says
Source: Reuters
Russia, US discussing rare earth metals projects, Putin envoy says
Guy Faulconbridge and Lidia Kelly
Sun, March 30, 2025 at 6:17 PM EDT 2 min read
MOSCOW (Reuters) -Russia and the United States have started talks on joint rare earth metals and other projects in Russia, and some companies have already expressed an interest in them, President Vladimir Putin's investment envoy said in remarks published on Monday.
Amid efforts by U.S. President Donald Trump to end the war in Ukraine, minerals cooperation has been floated by both Kyiv and Moscow, though Trump said on Sunday that Ukrainian President Volodymyr Zelenskiy wants to back out of a proposed deal.
Putin in February suggested that the United States might be interested in exploring joint exploration for rare earth metals deposits in Russia, which has the world's fifth-largest reserves of the metals used in lasers and military equipment.
Kirill Dmitriev, Kremlin special envoy on international economic and investment cooperation, told the Izvestia newspaper in remarks published on Monday that talks had already begun.
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Read more: https://www.yahoo.com/news/russia-us-start-talks-rare-221705457.html