United States and United Kingdom Take Action to Reduce Russian Revenue from Metals

New Prohibitions Issued on Aluminum, Copper, and NickelWASHINGTON — Today, the U.S. Department of the Treasury, in coordination with the United Kingdom, issued two new prohibitions to disrupt the revenue that Russia earns from its export of aluminum, copper, and nickel.This new action prohibits the import of Russian-origin aluminum, copper, and nickel into the United States, and limits the use of Russian-origin aluminum, copper, and nickel on global metal exchanges and in over-the-counter derivatives trading. This action solidifies Treasury’s follow through on the G7 Leaders’ Statement to reduce Russia’s revenues from metals.“Our new prohibitions on key metals, in coordination with our partners in the United Kingdom, will continue to target the revenue Russia can earn to continue its brutal war against Ukraine,” said Secretary of the Treasury Janet L.