State-Owned Russian Conglomerate Buys Major Rare Earth Exchange Deposit

[RareEarth Movement]

State-Owned Russian Rosneft Buys Major Rare Earth Deposit - Raises New Strategic Alarms

Rosneft's strategic acquisition of Tomtor rare earth deposit signals a major shift in global mineral geopolitics, challenging Western mineral security strategies.

rareearthexchanges.com

• Russia’s Rosneft acquires Tomtor, one of the world’s largest rare earth deposits in Siberia.
• Potential alignment with China to control critical mineral supply.
• The acquisition marks a strategic pivot from fossil fuel dominance to mineral-based geopolitical influence.
• Targeting essential minerals for clean energy and defense industries.
• Western nations face urgent challenges in developing domestic rare earth strategies.
• Securing non-aligned mineral supply chains is critical for Western nations.

 

[Fundamental]

State-Owned Russian Rosneft Buys Major Rare Earth Deposit - Raises New Strategic Alarms

Rosneft's strategic acquisition of Tomtor rare earth deposit signals a major shift in global mineral geopolitics, challenging Western mineral security strategies.

rareearthexchanges.com

• Russia’s Rosneft acquires Tomtor, one of the world’s largest rare earth deposits in Siberia.
• Potential alignment with China to control critical mineral supply.
• The acquisition marks a strategic pivot from fossil fuel dominance to mineral-based geopolitical influence.
• Targeting essential minerals for clean energy and defense industries.
• Western nations face urgent challenges in developing domestic rare earth strategies.
• Securing non-aligned mineral supply chains is critical for Western nations.

Seeing as the Deposit is IN Russia, it is not surprising that Russia has acquired it.
The deposit is in probably one of the most remote and inhospitable regions in this World
Just the infrastructure and logistical costs associated with delineating and developing a minable deposit there will be huge
China and Russia may have a common enemy in the USA, but I don't think they are kissing cousins. China will be amused that yet another RE deposit has been removed from potential development, but I doubt that they will be assisting the Russians to develop a RE Industry of their own.