On February 24, 2025, Russian President Vladimir Putin held a virtual meeting to discuss the country’s rare earth metals industry. Joining from his residence outside Moscow, he connected with officials through a video link. Putin stressed the value of these metals, which play a crucial role in Russia’s economy. Widely used in electronics, energy systems, and defense technology, rare earths are a priority for the nation’s industrial growth. His remarks highlighted their importance to Russia’s future.

A key topic was the "New Materials and Chemistry" project, launched in 2025. This national effort focuses on boosting Russia’s rare earth production. Putin explained that the initiative will improve how these resources are mined and processed. It aims to meet the country’s increasing need for materials vital to advanced manufacturing. With significant deposits across Russia, the project underscores a push to strengthen domestic supply chains.

The virtual setup let Putin engage remotely, a format he’s used before. Held amid global attention on resources, the meeting reaffirmed Russia’s commitment to its rare earth sector. The new project will guide efforts throughout 2025 and beyond.

Pic Credit AP/PTI.