The new U.S. sanctions target some Russian producers of aluminum products and gold miners
February 28, 2024
Foreign media on February 25 news, the US Department of Treasury, the Department of Commerce and the State Department announced on February 23 that a Russian aluminum products producer, steel pipe manufacturer, gold miner and mining investment company were included in the sanctions list. Among them are aluminum products manufacturer JSC Samara Metallurgical Plant and the company's general manager Mikhail Grigoryevich Spichak and President Maxim Yuriyevich Smirnov. Russia's largest steel Pipe producer Pipe Metallurgy Company and its subsidiary TMK Steel Holding Company and related enterprises are also included in the sanctions list. Russian gold miner PJSC Uzhuralzoloto and founder and majority shareholder Konstantin Ivanovich Strukov and subsidiary ovrudnik were also named.
Gold miner PJSC Kommunarovskiy is also on the sanctions list. Also on the sanctions list announced on Friday was Russian diamond and precious metals exporter JSC V/O Almaz Uvelir Export, The precious metals investment company Rheingold Edelmetall AG and its German shareholders Axel Paul Diegelmann and Fritz Diegelmann and employees Bernd Guenter Diegelmann; And Liemeta, another precious metals investment company owned by Axel Paul Diegelmann. The sanctions also target some companies involved in the production of metalworking equipment, metalworking chemicals and battery components.
