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putin: russia can restrict uranium, titanium and nickel exports

2024-09-12

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reference news reported on september 12according to a report by the russian satellite news agency on september 11, russian president vladimir putin said that russia is a world leader in reserves of a variety of raw materials and should consider restricting the export of uranium, titanium and nickel, but without harming its own interests.

"russia is a leader in the reserves of a number of strategic raw materials, and we supply them to the world market in large quantities," putin said during a meeting with government members. "some commodities are only available to us, and perhaps we should consider imposing certain restrictions - for example, uranium, titanium, nickel?"

putin further stated: "of course, you can't do anything that is not good for you. but some countries are building strategic reserves and taking some other measures. overall, if this has no negative impact on us, we can consider it. i am not saying that we need to do this tomorrow, but we can indeed consider imposing export restrictions on external markets, not only on the goods i mentioned, but also on some other goods."

putin noted that russia has about 22% of the world's natural gas reserves, about 23% of the world's gold reserves, and nearly 55% of the world's diamond reserves.