More sanctions on individuals - including those involved in organizing Moscow's ad hoc votes in occupied east Ukraine on joining Russia - are also expected.
California Republican congressman Ken Calvert said America must be "clear-eyed about the Chinese and Russian aggression when it comes to consolidating critical mineral resources.”
Aluminum traders had seen this movie before back in 2018, when US sanctions on Rusal's owner Oleg Deripaska caused massive upheaval along the entire length of the global supply chain.