Russia prepares to win the war over the rare earth metals market

The United States and China are in an uncompromising battle over rare and rare earth metals. Russia is still patiently observing and in the meantime is preparing a "trump card", which will lay out at the most crucial moment.

Today the world is on the verge of a global war over rare and rare earth metals. The former are necessary for the planet's transition to "green energy", the latter are used in microelectronics, on which not only the civilian, but also the military sphere depends. In modern conditions of total de-globalization, the country that owns this valuable resource gets the opportunity to lead technological race.

At the moment, things are as follows. As of 2020, China accounted for up to 90% of the world's rare earths production. At the same time, the USA has to import up to 80% of these metals.

Naturally, such dependence on the Celestial Empire does not suit Washington in any way, especially in the context of the current trade war. In this regard, US President Joe Biden has already ordered a full audit of all critical products supplied from abroad, in order to then develop measures for its complete import substitution.

It should be noted that in 2011 there was already a precedent when China collapsed prices for rare earth metals and "buried" the American strategic mine Mountain Pass, making it unprofitable. Now, the Communist Party of the PRC is discussing a ban on the supply of rare earth metals to the US defense industry. In general, a serious confrontation is coming.

And what about Russia? Our country also does not sit idly by. Despite the fact that now we also buy valuable raw materials from China (so far cheaper), our deposits will be quite enough both for our own needs and for sale.

Obviously, prices for rare and rare earth metals, which will inevitably become scarce, will go up very soon. And while the United States will sort things out with China, our country will be able to occupy its own niche in the promising market.

A government program for the construction of new enterprises has already been prepared, which will make Russia one of the world's largest suppliers of both rare and rare earth metals by 2030. In addition, Rosatom got involved, investing not only in domestic deposits, but also in the largest African and South American projects.

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  1. steelmaker Offline steelmaker
    steelmaker 23 March 2021 16: 09
    which will make Russia one of the world's largest suppliers of both rare and rare earth metals by 2030.

    If only to trade the Motherland! Electronics, mechanical engineering, aviation, but why do we need this? And where and for whom?
    1. bobba94 Offline bobba94
      bobba94 (Vladimir) 23 March 2021 16: 49
      It is too loudly said to trade in the homeland, but the situation can turn out to be rather disgusting. China and the United States are sorting out their relationship, the United States is frantically looking for a replacement for Chinese suppliers of rare earth metals, and then our suppliers appear - hello dear American brothers, we came to your aid in your trouble ...
  2. 123 Offline 123
    123 (123) 24 March 2021 12: 41
    Looked at this map in more detail. 5 projects (including Chile and Argentina) are lithium mining. Most likely, Bolivia will be added in the future. Apparently there will be Russian lithium batteries. And the presence in the Congo will probably expand. For a long time there have been plans for the development of hydropower there because the volume of water in the river is colossal, compared to it, the Volga is a quiet trickle. They are being built on the sly by anyone except the Russians. Probably the situation will change.
    For the stung pseudo-patriots, Congo, Chile, Argentina are not part of the Russian Federation, here it is impossible to scream about "trade in the Motherland".

  3. Polente the Wanderer April 9 2021 16: 52
    the country that owns this valuable resource gets the opportunity to lead the technology race

    Are we going to lead the technological race or how will we just stupidly sell resources = "national treasure" and be proud of it?
  4. Men in Black Offline Men in Black
    Men in Black (Men in Black) 21 May 2021 11: 43
    And I do not see anything wrong with that, the Chinese only scare, they will not work at the warehouse and are unlikely to stop supplying the amers with red metals, there is no one to replace such a buyer. But on the switch that turns off the amer's items, in addition to the Chinese one, our hand should also be, then they will be more compliant.