In a move that could reshape the global rare-earths market, Russian President Vladimir Putin has stated that Moscow is open to collaborating with the United States in developing rare-earth mineral deposits. This potential partnership would extend to the Donetsk and Lugansk People’s Republics, as well as the Kherson and Zaporozhye regions-territories that joined the Russian Federation after referendums in 2022.

Speaking with Russia 1 TV journalist Pavel Zarubin on February 24, Putin emphasized that Moscow’s primary focus is on developing its own rare-earth resources, which are vital for numerous industries, including electronics, defense, and renewable energy. However, he also expressed Russia’s readiness to explore joint projects with both American private enterprises and government entities, should they demonstrate interest.

“We would be ready to offer this to our American partners… if they showed interest in working together,” Putin stated, highlighting that Russia is among the global leaders in rare-earth mineral wealth. He added that Russia is willing to collaborate with international investors to tap into its extensive mineral reserves, including those found in the recently integrated regions.

Rare-earth minerals are crucial components in advanced technologies, including semiconductors, electric vehicles, and military equipment. Global competition for these resources has intensified in recent years, with China currently dominating the........

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