Russia allocates 4.5B rubles for rare earth metal subsidies 2027-29

Russia plans to subsidize domestic rare and rare earth metal (RZM) producers with 4.5 billion rubles over 2027-29, including 1.08 billion in 2027 to compensate discounts to buyers. This signals state support to boost domestic RZM production and reduce import dependence, but details on scope and impact remain unclear.