24 Feb, 21:42

Russia is one of the world's leaders in rare earth metal reserves — Putin

"We have them in the north, in Murmansk, and in the Caucasus, in Kabardino-Balkaria, and in the Far East, in the Irkutsk region, in Yakutia and Tyva [republics]," the president noted

NOVO-OGARYOVO, February 25. /TASS/. Russia is one of the world's undisputed leaders in rare earth metal reserves, Russian President Vladimir Putin said in conversation with VGTRK journalist Pavel Zarubin.

"Russia is one of the undisputed leaders in these rare earth metal reserves. We have them in the north, in Murmansk, and in the Caucasus, in Kabardino-Balkaria, and in the Far East, in the Irkutsk region, in Yakutia and Tyva [republics]," Putin said.

The head of state added that Russia would be happy to work with any foreign partners in the rare earth metals industry, including the Americans.

"These are fairly capital-intensive investments, capital-intensive projects," he noted.

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