The Government of the Russian Federation has introduced a temporary ban on the export of precious metal waste and scrap to increase the workload of domestic refineries.
This was reported by the press service of the Cabinet of Ministers on Saturday, November 23. They clarified that the ban is introduced for a period of six months, it will be in force from December 1 to May 31.
While restrictions last, the following products are not subject to export from Russia:
- waste and scrap of precious metals,
- waste and scrap of metals clad with precious metals,
- other waste and scrap containing precious metals or compounds of precious metals,
- waste and scrap of electrical and electronic products used mainly for the extraction of precious metals of importance for the country’s domestic market.
The Government indicated that the ban will not apply to the export of cathode antimony in ingots, nor to samples taken from batches of scrap and waste of precious metals exported by the refining organizations themselves.
In this case, the weight of a sample should not exceed 500 g in one batch of product, regardless of the number of such batches under the foreign trade contract.
Previously EADaily reported that the Government of the Russian Federation decided to pay compensation to farmers in the Kherson region who suffered flood damage following the explosion of the Kakhovka hydroelectric power station.
