Germany and Russia to strengthen cooperation in rare earth supply

A Russian official said today that the country is seeking close cooperation with Germany in the fields of rare earth, natural gas and oil supply. Soon after, the two countries will hold an annual bilateral summit in Germany.

Berlin has been working hard to help the country’s industry obtain rare earths, an important metal material. Rare earths can be used to make a series of high-tech products, and their supply is affected by export restrictions imposed by China, a major producer of rare earths, and other factors.

To date, energy trade is the main content of bilateral trade cooperation between Germany and Russia. Russia also has a considerable amount of rare earth reserves. The head of the Russian Gas Association and deputy speaker of the Russian Parliament, Valery Yassef, said that “the Koura Peninsula is rich in rare earth reserves,” and the two countries can strengthen cooperation in this area.

After the above statement was published, German Chancellor Angela Merkel will meet with Russian President Dmitry Medvedev and discuss issues of deepening bilateral relations, especially in the fields of energy such as oil and gas. Cooperation.

The problem of rare earth resources and its shortage has become a major concern for officials in Berlin. After months of preparations, they signed a related cooperation agreement with resources-rich Kazakhstan in May.

DIAMOND FICKERT

Hengshi Diamond Tools CO.,LTD , https://www.ryomaltools.com

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