“Rostech” to compete with China on rare-earth metals production

A state-run corporation “Rostech” and “IST” Group of A.Nesis will invest $1 billion into rare-earth metals production. About 97% of the world’s production is currently in China.

As the newspaper “Kommersant” writes, citing the sources, familiar with the details of the project, “IST” and the state-run corporation will create a joint venture.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer