24 Feb, 20:49

Russia doing little to produce rare and rare earth metals — Putin

The head of state noted that Russia is ready to offer American partners joint work in the rare earth metals industry, if they showed interest in it

NOVO-OGAREVO, February 24. /TASS/. Russia is doing little to extract rare and rare earth metals, it should do more, President Vladimir Putin said answering questions from VGTRK journalist Pavel Zarubin.

"Rare earth metals are a very important component, very important resources for modern sectors of the economy. And we are doing little in this area so far. We should do more," Putin said.

The head of state noted that Russia is ready to offer American partners joint work in the rare earth metals industry, if they showed interest in it.

"The purpose of today's meeting [on the development of the rare earth metals industry] is to focus administrative resources at the first stage for work in this area," Putin added.

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