What action did Treasury take on April 12, 2024 with regards to aluminum, copper, and nickel of Russian Federation origin?

OFAC's answer

On December 6, 2023, and February 24, 2024, the G7 Leaders issued statements signaling their intent to reduce Russia’s revenues from metals. On April 12, 2024, in coordination with the United Kingdom, the United States issued two new prohibitions that will further disrupt the revenue that Russia earns from its export of aluminum, copper, and nickel of Russian Federation origin, including through the use of U.S. global metal exchanges. To implement this action, Treasury issued two determinations. The first, ["Prohibitions Related to Imports of Aluminum, Copper, and Nickel of Russian Federation Origin" (the "Metals Import Determination")](https://ofac.treasury.gov/media/932796/download?inline) pursuant to Executive Order (E.O.) 14068, as amended by [E.O. 14114](https://ofac.treasury.gov/media/932441/download?inline), prohibits the importation and entry into the United States, including importation for admission into a foreign trade zone located in the United States, of aluminum, copper, and nickel of Russian Federation origin. Per the determination, the importation into the United States of aluminum, copper, and nickel of Russian Federation origin that was produced prior to April 13, 2024 is not prohibited. See FAQs [1019](https://ofac.treasury.gov/faqs/1019) and [1170](https://ofac.treasury.gov/faqs/1170)https://ofac.treasury.gov/faqs/1170for more information. The second, ["Prohibitions on Certain Services for the Acquisition of Aluminum, Copper, or Nickel of Russian Federation Origin" (the "Metals Services Determination")](https://ofac.treasury.gov/media/932801/download?inline) pursuant to [E.O. 14071](https://ofac.treasury.gov/media/922081/download?inline), prohibits the exportation, reexportation, sale, or supply, directly or indirectly, from the United States, or by a United States person, wherever located, of the following categories of services to any person located in the Russian Federation: warranting services for aluminum, copper, or nickel of Russian Federation origin on a global metal exchange; and services to acquire aluminum, copper, or nickel of Russian Federation origin, as part of the physical settlement of a derivative contract (collectively, "Covered Metals Acquisition Services"). This determination does not apply to services related to aluminum, copper, or nickel of Russian Federation origin that was produced prior to April 13, 2024. See FAQs [1019](https://ofac.treasury.gov/faqs/1019), [1058](https://ofac.treasury.gov/faqs/1058), [1169](https://ofac.treasury.gov/faqs/1169), [1170](https://ofac.treasury.gov/faqs/1170), and [1128](https://ofac.treasury.gov/faqs/1028) for more information.

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Related FAQs

• #1019For the purposes of Executive Order (E.O.) 14066, 14068, as amended by E.O. 14114, and the determination “Prohibitions on Certain Services for the Acquisition of Aluminum, Copper, or Nickel of Russian Federation Origin” pursuant to Executive Order (E.O.) 14071 what is meant by the term “Russian Federation origin”?
• #1028Does the U.S. dollar-denominated banknote export ban imposed by Executive Order (E.O.) of March 11, 2022, “Prohibiting Certain Imports, Exports, and New Investment With Respect to Continued Russian Federation Aggression,” prohibit sending noncommercial, personal remittances denominated in U.S. dollars to the Russia Federation (or to individuals ordinarily resident in the Russia Federation)?
• #1058For the purposes of section 1(a)(ii) of Executive Order (E.O.) 14071, what is meant by the term “person located in the Russian Federation”?
• #1169What is prohibited by the determination [“Prohibitions on Certain Services for the Acquisition of Aluminum, Copper, or Nickel of Russian Federation Origin”](https://ofac.treasury.gov/media/932801/download?inline) pursuant to Executive Order (E.O.) 14071 (the “Metals Services Determination”)?
• #1170For the purposes of the determination [“Prohibitions Related to Imports of Aluminum, Copper, and Nickel of Russian Federation Origin”](https://ofac.treasury.gov/media/932796/download?inline) pursuant to Executive Order (E.O.) 14068, as amended by E.O. 14114, (the “Metals Import Determination”) and the determination [“Prohibitions on Certain Services for the Acquisition of Aluminum, Copper, or Nickel of Russian Federation Origin”](https://ofac.treasury.gov/media/932801/download?inline) pursuant to Executive Order (E.O.) 14071 (the “Metals Services Determination”), what is meant by the terms “aluminum,” “nickel,” and “copper”?