By 2030, Russia plans to achieve a rare earth metals production volume of 3,000 tons, which will fully meet the country’s domestic demand for these strategically critical resources. This was reported by “TASS”, citing Konstantin Fedorov, Deputy Director of the Metallurgy and Materials Department at the Ministry of Industry and Trade. According to Fedorov, the projected production volume by 2030 will entirely cover the anticipated needs of the Russian economy. Currently, Russia is forced to import ...

Mikhail Mishustin, Prime Minister of the Russian Federation, on March 26 reported on the government's performance results in 2024 and answered questions asked by deputies. In his speech, Mikhail Mishustin noted that the contribution of the machine-building segment, where production volumes of high-technology products grew by almost 20%. "This is not the first year when the industry demonstrates good dynamics. It gained 4.6% as of the end of 2024. Largely owing to the processing sector, where ...

Denis Manturov, First Deputy Chairman of the Government of the Russian Federation, made a working trip to the Volgograd Region. Accompanied by the Region’s Governor Andrey Bocharov and the Head of Roscosmos, Dmitry Bakanov, he visited several industrial enterprises in the area, according to the press service of the Russian Cabinet of Ministers. During the trip, Denis Manturov and Andrey Bocharov discussed the implementation of key investment projects, particularly the new production facility ...