Dmitriev spoke about discussions with the United States on rare earth metals

Russia and the United States have begun discussions on rare earth metals (REM) projects, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF) and special presidential envoy for investment and economic cooperation with foreign countries, told Izvestia.

"A quarter of the world's reserves of rare earth metals are concentrated in Russia"

Scientist Sergey Kirillov talks about how the global market of these elements is organized and what place our country can take in it.

"Rare earth metals are an important area for cooperation, and, of course, we have started discussions about various rare earth metals and projects in Russia," Dmitriev said.

According to him, some companies have already shown interest in the projects.

In February, US President Donald Trump said he supported the idea of concluding an agreement with Russia on access to rare earth metals. Washington is interested in Russia's "huge reserves" of rare earth metals and other "very valuable resources" that the country has, he said.

Read more in the exclusive Izvestia article:

Mining: Russia and the United States have begun negotiations on rare earth metals