Tuesday, October 7, 2025

Latest

Kremlin Considers Halting Supply of Critical Metals to ‘Unfriendly’ Nations

The Russian government is contemplating a ban on exporting strategically important resources to countries it deems unfriendly, according to Deputy Prime Minister Aleksandr Novak. This move comes as a potential countermeasure to Western sanctions imposed on Russia.

Speaking at Russian Energy Week, Novak revealed that the government is analyzing the feasibility of restricting exports of products that are in high demand on global markets. While specific items were not disclosed, it is widely anticipated that the list would include transition metals such as uranium, nickel, and titanium.

The possibility of such restrictions was first mentioned by Russian President Vladimir Putin earlier this month. Putin instructed the government to examine the benefits and drawbacks of capping exports of certain strategically important commodities, noting that while Russia currently faces limitations on importing some goods, it continues to export many products to the world market.

Russia’s potential export ban could have significant implications for global markets, particularly in sectors relying heavily on these resources.

The country currently holds a substantial share in several key markets, including approximately 40% of the enriched uranium market, crucial for both civil nuclear power generation and military nuclear weapons. The country is also the third-largest producer of titanium, which is heavily used in the aerospace industry, and one of the top ten global producers of nickel, which is crucial in clean energy generation.

Despite ongoing sanctions, Western countries have been reluctant to completely sever ties with Russian suppliers in these sectors due to their critical nature. For instance, the United States introduced a waiver allowing uranium purchases from Russia until 2028, despite formally banning imports earlier this year.

The Russian government is carefully considering the potential impact of these restrictions on domestic industries to ensure their continued development. Novak said that relevant proposals will be prepared in the near future, taking into account Russia’s capabilities and the situation in world markets.


Information for this story was found via NIA Samara, RT International, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

UK Ditching Green Policies? Liz Truss Vows to ‘Revolutionize Energy Supply’ by Boosting Offshore Drilling, Scrapping Fracking Ban

After freshly taking over from Boris Johnson, new UK prime minister Liz Truss vows to...

Wednesday, September 7, 2022, 08:27:10 PM

Paper Airplanes of Diplomacy: New York Artists Call for No-Fly Zone Over Ukraine, Launch Paper Airplanes at Guggenheim Museum

Visitors to New York’s Guggenheim Museum were unexpectedly met with a shower of paper airplanes...

Thursday, March 10, 2022, 05:17:00 PM

LNG Cargo Ships Await Higher EU Energy Prices Before Unloading in Bid to Increase Profits

Multiple tankers loaded with liquefied natural gas (LNG) are currently circling the Spanish coast, awaiting...

Monday, October 31, 2022, 05:49:00 PM

Russia 1984: Citizens May Soon Be Completely Disconnected From The Internet

With major Western communications and technology companies withdrawing their services from Russia – and subsequent...

Monday, March 7, 2022, 03:04:00 PM

Stellantis Shares Dipped After Suspending Production In Russia

Stellantis NV (NYSE: STLA) is the newest addition to international firms pulling out of Russia...

Tuesday, April 19, 2022, 10:56:00 AM