👉 Russia has significant reserves of rare earths, but its domestic production is small. 👉 The country is looking to increase its production to meet growing demand, particularly from the US. 👉 Russia may look to China for business or to the West for new investment and partnerships. 👉 China dominates the global rare earths market, with the USGS estimating that China has 44 million tonnes of deposits, followed by Brazil and India.

@CNBC World ✍️ Russia is looking to increase its rare earths production, but faces challenges in establishing its position in the global market, which is dominated by China. 👉 Russia has significant reserves of rare earths, but its domestic production is small. 👉 The country is looking to increase its production to meet growing demand, particularly from the US. 👉 Russia may look to China for business or to the West for new investment and partnerships. 👉 China dominates the global rare earths market, with the USGS estimating that China has 44 million tonnes of deposits, followed by Brazil and India. #VladimirPutin #DonaldTrump #XiJinping #WillisThomas #PiyushGoel #Russia #China #UnitedStates #Ukraine #Myanmar #Malaysia #Laos #Greenland #business