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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.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Escalating gang violence in Haiti has displaced 680,000 children, nearly twice as many as last year, as armed groups seize more territory and basic services collapse, UNICEF warned on Wednesday.
A 29-year-old man has been arrested in connection with a devastating wildfire that killed 12 people and destroyed thousands of homes in Los Angeles earlier this year.
The 7th Moscow Format Consultations on Afghanistan has concluded in Russia with participants issuing a joint statement heavily hinting at a joint opposition to any foreign military infrastructure in Afghanistan.
Former FBI Director James Comey pleaded not guilty on Wednesday to criminal charges, and his lawyer said he would file a barrage of legal challenges to the first prosecution by the Justice Department against one of President Donald Trump's political enemies.
U.S. Secretary of State Marco Rubio is expected to attend a ministerial meeting in Paris on Thursday with representatives of Europe, the Arab world and other nations to discuss Gaza's post-conflict transition, according to three diplomatic sources.
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