Bill seeks prohibition on importation of platinum
- Published: Sep 23, 2024, 12 PM
Rep. Matthew Rosendale, R-Montana, introduced H.R. 9612 Sept. 17 seeking to prohibit the United States from importing platinum and palladium from the Russian Federation.
Introduction of the bill was in response to the only domestic mining operation for the two metals in the U.S., Sibanye-Stillwater in Montana, planning to lay off 700 miners because “responsible and sustainable mining and metals processing [in Montana] is much, much more expensive than that of our competitors in Russia and other areas.”
Sibanye-Stillwater is the world’s third largest producer of palladium and platinum. Sibanye acquired the Stillwater mining operations in 2017.
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