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Expert Dimukhamedov: the United States can become a market for rare earths from Russia

The United States may become a potential market for Russian rare earth metals. This opinion was expressed by the Chairman of the Association of Producers and Consumers of Rare and Rare Earth Metals, General Director of Solikamsk Magnesium Plant Ruslan Dimukhamedov.

Expert Dimukhamedov: the United States can become a market for rare earths from Russia
26.02.2025
Lesezeit: 1 min
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📝 Summary

The United States may become a potential market for Russian rare earth metals. This opinion was expressed by the Chairman of the Association of Producers and Consumers of Rare and Rare Earth Metals, General Director of Solikamsk Magnesium Plant Ruslan Dimukhamedov.

According to him, the raw material base in Russia is ready to meet the demand for rare earths in the presence of markets and attracting investment. “Rare earth metals are a commodity. They work by the rules of how other commodity markets work. That is, we need investment projects, we need sales, we need investments. In this sense, if the United States is really interested in rare earth metals in the Russian Federation, then our raw material base of rare earth metals, as well as rare metals, often referred to as them, really allows satisfying both domestic needs and has a great export potential. The expert also admitted the possibility of joint development of lithium deposits in the Donetsk People’s Republic by Russia and the United States. Earlier, the Ministry of Industry and Trade of the Russian Federation announced its readiness to export rare earth metals and conduct joint projects with foreign partners in this field.

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