Investors piled into The Metals Company on Wednesday after it said it completed its first collection run of battery metals from more than four kilometres below the surface of the Pacific ocean.
The White House is eyeing three options: an outright ban, increasing tariffs to levels so punitive they would impose an effective ban, or sanctioning Rusal.
Lead is expected to outperform other metals over the coming months as cold weather is likely to force consumers to replace auto batteries and supplies tighten.
If the answer to the energy crisis is a faster rollout of renewable alternatives to fossil fuels, then the problem is that the current situation is hindering the solution.