Bill > S808

This bill prohibits the importation of specific minerals from Russia, including platinum (and related metals like palladium and rhodium), nickel, and copper ores and concentrates, beginning 90 days after the Act's enactment. The ban applies to minerals produced in Russia or by Russian entities, as well as minerals that have been exchanged or swapped in an attempt to circumvent the prohibition. The import restriction will remain in effect until the President certifies to Congress that Russia has ended all hostilities against Ukraine, with a critical caveat that if Russia resumes hostilities within three years of that certification, the prohibition will automatically restart. The bill explicitly states that the President cannot waive this import ban, and defines a "Russian entity" as any organization organized under Russian law or subject to Russian jurisdiction. The goal of the legislation appears to be economic pressure on Russia in response to its military actions in Ukraine, targeting key mineral exports that are important to the global industrial and technological sectors.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/808/all-info