-
US Tariff Proposal on Russian Palladium: Market Impact Analysis
On July 31, 2025, South African mining company Sibanye-Stillwater filed a petition requesting the US government impose tariffs on Russian palladium imports. This marked a significant development in the global platinum group metals (PGMs) market, potentially reshaping international supply chains and price dynamics for this critical industrial metal. The company's petition specifically targets what it describes as unfairly priced Russian palladium entering the US market. According to Sibanye-Stillwater CEO Neal Froneman, "We believe that Russian palladium imports are being sold below market prices due to various ... (full story)