An analogue of OPEC for solid minerals could include Russia, Canada, Australia, China, South Africa and other major suppliers of “minerals of the future.” writes about this RIA News citing independent industry expert Leonid Khazanov.
The idea of creating a new union consisting of countries producing solid minerals, expressed the day before by Alexander Kozlov, head of the Russian Ministry of Natural Resources, was described as strategically correct by the analyst.
“The proposal looks quite reasonable in the context of ongoing geopolitical changes and volatility in world prices for solid minerals. In principle, it could include major suppliers of iron ore such as Brazil and Australia, lithium such as Chile and China, platinum group metals such as Russia, Canada, South Africa and Zimbabwe, ” comments Khazanov.
On Tuesday, January 9, Kozlov announced the need to create a platform similar to OPEC to coordinate efforts in the field of solid minerals, against the background of the changing technological structure. At the same time, the head of the department noted that Russia has almost all reserves of critical metals and is ready to share its experience with partners.
Previously at the Ministry of Natural Resources said About plans to put Russia in the top 4 in terms of scarce mineral reserves in the world.
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Source: Gazeta
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