Moscow and Washington have initiated discussions on potential joint projects involving rare earth metals and other critical resources in Russia, according to Russia's special envoy on international economic and investment cooperation, Kirill Dmitriev.
The announcement was made in an interview with Izvestia published on Monday.
"Rare earth metals are an important area for cooperation, and, of course, we have begun discussions on various rare earth metals and (other) projects in Russia," said Dmitriev, who also serves as the CEO of the Russian Direct Investment Fund (RDIF).
The talks reportedly come as Russian President Vladimir Putin extended an offer to the United States for a future economic agreement involving joint exploration of Russia's rare earth metal deposits. This proposal follows negotiations between the U.S. and Ukraine over a draft minerals deal.
Dmitriev, part of Russia's negotiating team during talks with U.S. officials in Saudi Arabia in February, confirmed that some companies have already expressed interest in the projects. However, he did not disclose the names of the companies or provide further details.
According to Izvestia, the possibility of cooperation may be further discussed at the next round of Russia-U.S. talks, which are tentatively scheduled for mid-April in Saudi Arabia.
Rare earth metals and other critical minerals are essential for high-tech industries, including electronics, renewable energy, and defense technologies. The discussions between Moscow and Washington come amid growing U.S. efforts to reduce dependence on China’s dominance in the global supply chain for these vital resources.
U.S. President Donald Trump has previously emphasized the importance of securing alternative sources of rare earths, with both economic and national security implications at stake.
As the U.S. and Russia explore potential cooperation in this sector, the outcome of these discussions could have significant implications for global supply chains and geopolitical dynamics.
The White House has opened a new page on its official website accusing journalists and news organisations of biased or misleading coverage of Presiden...
Israel’s Prime Minister Benjamin Netanyahu has submitted an official request for a pardon to President Isaac Herzog, the president’s office said o...
More than 600 people have died and over 4 million have been affected after a rare tropical storm brought a week of heavy rain, floods and landslides t...
The president of Kyrgyzstan, Sadyr Japarov, cast his vote on Sunday as the country held snap parliamentary elections....
Pope Leo travels to Lebanon on Sunday to deliver an appeal for peace in a country repeatedly struck by Israeli air raids, completing the second and fi...
The White House has opened a new page on its official website accusing journalists and news organisations of biased or misleading coverage of President Donald Trump
At least 153 people have been killed in Sri Lanka after landslides and flooding caused by Cyclone Ditwah, officials said on Saturday, with 191 others missing and more than half a million affected nationwide.
Venezuela has condemned Donald Trump’s claim that its airspace is “closed in its entirety,” calling the remark a hostile act that breaches international law and echoes colonial pressure.
Pompeii's ancient Roman frescoes, shattered and buried for centuries, could get a second life thanks to a pioneering robotic system designed to support archaeologists in one of their most painstaking tasks: reassembling fragmented artefacts.
U.S. investigators have recovered the black box recorders from the wreckage of a UPS cargo plane that crashed in flames on takeoff in Louisville, Kentucky. At least twelve people died. The crash sent a wall of fire into an industrial corridor and forced the shutdown of the airport.
The global recall of Airbus A320 aircraft has triggered widespread disruption across several major airlines, forcing flight cancellations in the United States, Japan, Australia and New Zealand.
Hezbollah chief Naim Qassem said on Friday that the group retains the right to respond to Israel’s killing of its top military commander, leaving open the possibility of a new conflict with the country.
Kazakhstan has called on Ukraine to stop striking the Black Sea terminal of the Caspian Pipeline Consortium (CPC) after a major drone attack forced a halt to exports and caused serious damage to loading equipment.
Russia’s state communications watchdog said it is tightening restrictions on WhatsApp, claiming the US-owned platform violates Russian law and is being used to facilitate criminal activity, according to comments carried by the Tass news agency.
The White House has opened a new page on its official website accusing journalists and news organisations of biased or misleading coverage of President Donald Trump
Israel’s Prime Minister Benjamin Netanyahu has submitted an official request for a pardon to President Isaac Herzog, the president’s office said on Sunday.
More than 600 people have died and over 4 million have been affected after a rare tropical storm brought a week of heavy rain, floods and landslides to Indonesia, Thailand and Malaysia, as rescue teams struggle to reach isolated communities.
Pope Leo travels to Lebanon on Sunday to deliver an appeal for peace in a country repeatedly struck by Israeli air raids, completing the second and final leg of his first overseas trip as head of the Catholic Church.
Four people have been killed and 14 injured after shots were fired at a child’s birthday party in Stockton, California. Police say the attack may have been targeted, but the investigation is still ongoing and no suspect has been identified.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment