Putin ready to cooperate with US on metal resources

Russian President Vladimir Putin said that there is a possibility of cooperation with the United States in the field of rare earth metals mining and aluminum production. According to him, there are plans to build a hydroelectric power plant and establish aluminum production plants in the Krasnoyarsk Territory.

"We can think about cooperation with American companies in this direction. For example, in the Soviet era in the Krasnoyarsk Territory there were plans to build a new hydroelectric power plant and establish additional aluminum production plants," Putin said.

He noted that this project could have "investment potential."

"According to preliminary estimates, it could be valued at about $15 billion at today's prices. But we need to think about it," the Russian leader said.

Speaking about rare earth metals in Russia, Putin said that the country is not doing enough to develop them.

"Rare earth metals are a very important component for modern economic sectors, very important resources. We are doing little in this direction," Putin said.

The United States wants to use Ukrainian resources

Washington proposed signing an agreement on the extraction of precious minerals in Ukraine, but President Volodymyr Zelensky refused to sign the document. According to him, the agreement contains aspects that do not reflect Ukraine's interests.

The Trump administration has proposed that Ukraine transfer 50% of non-state resources to the United States, but this is still under discussion. Zelensky's advisers have urged him to sign the agreement, but the president has refused to approve "a document that will be paid for by 10 generations of Ukrainians."

The issue of cooperation between Russia and the United States on mineral resources is still under discussion. Putin noted that Russia has a sufficient number of metals of interest to the United States. At the same time, Ukraine is not in favor of signing an agreement on its resources yet. Follow “Zamin” news on “Telegram”