Published by Global Banking & Finance Review®
Posted on September 5, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GooglePutin has directed the Russian government to develop a rare earth metals plan by November to reduce reliance on China.
VLADIVOSTOK (Reuters) -Russian President Vladimir Putin said on Friday he had ordered the government to present a programme for the development of rare earth metals no later than November.
Putin made the comments in his opening remarks at the plenary session of the Eastern Economic Forum in Vladivostok.
Russia has the world's fifth-largest reserves of rare earth metals, used in lasers and military equipment, and has touted plans to boost their output to reduce reliance on Chinese imports.
(Reporting by Vladimir Soldatkin and Olesya Astakhova; Writing by Lucy Papachristou; Editing by Jacqueline Wong)
Putin ordered the government to present a programme for the development of rare earth metals by November.
Putin made his comments at the plenary session of the Eastern Economic Forum in Vladivostok.
Russia aims to boost the output of rare earth metals to reduce reliance on Chinese imports, as it has the world's fifth-largest reserves.
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