As reported from the Kremlin on Tuesday, Russia has significant reserves of rare earth metals. These metals, as noted, are strategically important as they are necessary for the production of high-tech products, including electronics, medical equipment, and other products. "Russia possesses significant reserves of rare earth metals. These metals are extremely important for many sectors of industry, including for the electronics and high-tech product manufacturing complex," reported a representative of the Kremlin press service. Such statements were made in the context of the growing dependence of many countries around the world on these resources and in the conditions of geopolitical tensions.
