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Russia Unveils Plan for Siberian Rare-Earth Processing Cluster With Over ₽700 Billion Investment

Security chief Sergei Shoigu casts the initiative as a state-led drive to build a sovereign supply chain from raw ore to high-tech products.

Overview

  • The proposed cluster would be located in the Angara–Yenisei macroregion and is expected to create at least 3,500 jobs in its first stage.
  • The plan envisions an integrated ecosystem that links research, universities, industry and investment to deliver full-cycle production.
  • Targeted outputs include new materials, semiconductors, power electronics, 3D printing, robotics and artificial intelligence.
  • Russia cites more than 28 million tons of rare-earth reserves across 18 studied deposits, with under 2% currently in production and most needs met by imports.
  • Shoigu positions the project to reduce dependence on China and the United States and connects it to major Siberian transport corridors intended to support a broader innovation hub.