Following Montana Delegation Letter, USITC to Continue Investigation of Russia’s Predatory Palladium Trade

FOR IMMEDIATE RELEASE
September 16, 2025

Following Montana Delegation Letter, USITC to Continue Investigation of Russia's Predatory Palladium Trade

U.S. SENATE - The U.S. International Trade Commission (USITC) has voted to continue investigations of imports of unwrought palladium from Russia. The USITC determined there is reasonable indication that the U.S. mining industry is injured by these imports that are allegedly sold in the United States at less than fair value, subsidized by the Russian government.

The USITC decision follows a letter from Montana's congressional delegation last month, calling on the Trump administration to take action to stop Russia's predatory palladium trade practices and protect critical mineral production in Montana and across the country. The Sibanye-Stillwater Metallurgical Complex in Columbus, Montana, is the only primary source of palladium and platinum in the United States and has been affected by Russia's predatory trade practices.

"Russia has routinely undercut Montana's mining industry by flooding the U.S. market with unwrought, underpriced palladium. We cannot allow overseas adversaries to secure a monopoly over resources that are critical to both our national defense and our energy economy, and I am hopeful the USITC's continued investigation will result in decisive action to protect Montana jobs, safeguard our critical minerals industry, and secure America's future," said Senator Sheehy.

"The dumping of Russian palladium has had a direct impact on Montana livelihoods, causing the loss of nearly 700 jobs at the Sibanye-Stillwater Mine. Palladium is vital to our national security, and it's critical that we support Made-In-Montana energy instead of allowing Russian critical minerals to flood the market and threaten American jobs and security. I am encouraged by the USITC's continued investigation into the dumping of unwrought, underpriced palladium and will continue fighting to ban the importation of critical minerals from Russia, so we can ensure America remains globally energy dominant," said Senator Daines.

"The USITC's decision to continue its investigation is welcome news for U.S. national security and, most importantly, for the approximately 700 hardworking Montanans who were laid off at Sibanye-Stillwater mine as a result of Russian commodity dumping. I won't stop fighting for an outcome that secures domestic critical mineral production and restores these high-paying jobs to Second District communities," said Congressman Downing.

"Montana's mines are on the front lines of America's resource security, and they deserve a fair shake. Russia has manipulated the palladium market to try to drive American production out of business, and that's a direct threat to our national security and Montana jobs. The Sibanye-Stillwater mine is the only primary source of palladium in the country; protecting it means protecting America's ability to defend itself and power its economy. I fully support the USITC's investigation and hope it will lead to strong action that puts an end to Russia's predatory trade practices," said Congressman Zinke.

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Contact: Tate Mitchell, Jack O'Brien