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
Putin Directs Government to Develop Rare Earth Metals Plan by November
Russia's Rare Earth Metals Strategy
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's Announcement
Putin made the comments in his opening remarks at the plenary session of the Eastern Economic Forum in Vladivostok.
Importance of Rare Earth Metals
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.
Reducing Reliance on China
(Reporting by Vladimir Soldatkin and Olesya Astakhova; Writing by Lucy Papachristou; Editing by Jacqueline Wong)
