'We have 658 million tons of rare earth element reserves'

The written statement from the Russian Ministry of Natural Resources included information on the country's rare earth element reserves. It was emphasized that rare earth elements have a complex structure and can only be extracted with ore, and that the country's current reserves in this area are at a level that can meet the needs of the Russian economy. The statement also shared information that the country has 29 different rare earth element reserves, totaling 658 million tons.