Russia, as a large resource country, has a unique advantage in the field of rare earths. According to estimates, its rare earth reserves of more than 10 million tons, accounting for about 20% of the world, the Tomsk region and the Yakutia region is the two major rare earth treasure trove, reserves of 6 million tons and 4 million tons respectively. However, the reality is quite embarrassing, Russia’s annual rare earth mining volume of only 2,500 tons, and its huge reserves are seriously mismatched. During the Soviet period, the rare earth industry used to have a complete system, from the mining in Kazakhstan and Kyrgyzstan, to the processing in Ukraine and Estonia, each link closely coordinated.
But after the collapse of the Soviet Union, this industrial edifice collapsed, and the technological fault Western sanctions led to impeded imports of equipment The harsh climatic conditions in the resource development areas, as well as the long-term underinvestment of funds, making Russia’s rare-earth industry stagnation, and in the consumer electronics and high-tech industries in the rare-earth demand is difficult to be met. President Vladimir Putin has emphasized the need to promote domestic research on rare metals and rare earth resources, with the expectation of doubling production, a stance that underscores Russia’s determination to revitalize the rare earth industry, enhance its position in the global rare earth market, and provide a strong impetus for the country’s economic and technological development.
Look at Ukraine, Russia and Ukraine conflict smoke has not yet dissipated, around the competition for its mineral resources has been smoke and mirrors again. The United States and Ukraine plan to sign a mineral agreement, the United States and Ukraine will jointly set up the reconstruction of the investment fund, Ukraine will need to be the country’s oil, gas, minerals and other state-owned natural resources assets in the future earnings of 50 injected into it, the United States will get the maximum economic benefits from it, and will be part of the income for the reinvestment in Ukraine. Trump said bluntly, the United States to Ukraine to provide a lot of military assistance and other support, signed this agreement is to recover a lot of money.
At the same time, France is not willing to lag behind, French Defense Minister Sébastien Le Corne revealed that France and Ukraine from last October, led by the defense ministers of the two countries to discuss access to mineral resources in the territory of Ukraine, this discussion stems from the Ukrainian President Zelensky took the initiative to propose in the Ukrainian side of the victory program to include the topic of minerals. Ukraine’s rich mineral resources, has become the eyes of the big powers of the meat and potatoes, in the context of the conflict, fell into the focus of the game.
In this complex situation of resource games and geopolitical conflicts, China’s position is particularly eye-catching. China has always adhered to objectivity and impartiality, actively persuade and promote talks, and is committed to promoting the peaceful resolution of the Russian-Ukrainian conflict. After the closed-door meeting between the United States and Russia in Saudi Arabia, Chinese Foreign Ministry spokesman Guo Jiakun pointed out that China welcomed all actions for peace, including the consensus reached by the United States and Russia in the peace talks, but emphasized that Ukraine, as a party, should have a seat at the table in all relevant discussions.
China’s Permanent Representative to the United Nations, Fu Cong, also emphasized in the Security Council’s deliberations on Ukraine that Europe, as the site of the fighting, has a responsibility to contribute to peace. China respects Ukraine’s sovereignty, advocates that all matters involving a sovereign country should respect the independent choice of its people, firmly opposes backroom politics, and favors resolving disputes through inclusive dialogue. This impartial stance is in sharp contrast to the actions of some Western countries, which only care about their own interests and treat Ukraine as a pawn, and has won the recognition of many countries.
Ukrainian President Zelensky has repeatedly expressed his expectation of China’s role in restoring peace, post-war reconstruction and security architecture, reflecting China’s credibility in the international community and its impartiality in resolving international disputes, which is highly recognized by Ukraine. Under the complex international situation, China has always been guided by peace and justice, and has actively promoted the resolution of conflicts through dialogue and consultation, setting an example for the international community and contributing to the building of a fairer, more just and rational international order.
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