17 February 2026

Russia Struggling to Resist PRC Rare Earth Dominance

Anna J. Davis

On February 2, Russian Prime Minister Mikhail Mishustin appointed Ksenia Shoigu as Chief Executive Officer (CEO) of the Development Fund of the Innovative Scientific and Technological Center, referred to as Mendeleev Valley (Долина Менделеева, Dolyna Mendeleyeva) (Government of Russia, February 2). Shoigu is the daughter of Sergei Shoigu, secretary of the Russian Security Council and former defense minister, who originally proposed the creation of scientific, industrial, and economic centers in Siberia, now known as “Siberianization” (Сибиризации, Sibirizatsii) (Vedomosti, August 9, 2021; see EDM, February 5). One priority for Mendeleev Valley is to advance technology for the production of rare earth elements (REEs) in Siberia, following Russian President Vladimir Putin’s November 2025 order to the Cabinet of Ministers to approve a national roadmap for rare earth mining and refining (see EDM, December 5). This represents an important step in Moscow’s efforts to build a domestic REE production chain for long‑term economic resilience in a market dominated by the People’s Republic of China (PRC).

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