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Putin orders to support strategic materials exploration

The report on performance of the assignment should be presented by October 1, 2024 and then once per year

MOSCOW, April 1. /TASS/. Russian President Vladimir Putin asked the government to provide for financing of development of the national mineral and raw materials base by 2035 to meet economic needs for strategic kinds of mineral resources, according to the list of assignments posted on the Kremlin’s website.

"When implementing the strategy of developing the mineral and raw materials base of the Russian Federation by 2035, it should be proceeded from the need of meeting current and prospective needs of the economy for strategic priority kinds of solid mineral resources, including rare-earth metals, with appropriate financing provided," the document reads.

The report on performance of the assignment should be presented by October 1, 2024 and then once per year.

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