Foreign media reported on February 25 that the U.S. Department of Treasury, Commerce and State announced on February 23 that a Russian aluminum product manufacturer, steel pipe manufacturer, gold miner and mining investment company were included in the sanctions list, including aluminum Products manufacturer JSC Samara Metallurgical Plant as well as the company's General Director Mikhail Grigoryevich Spichak and President Maxim Yuryevich Smirnov. Pipe Metallurgical Company, Russia's largest steel pipe manufacturer, its subsidiary TMK Steel Holdings and related companies are also included in the sanctions list. Russian gold miner PJSC Uzhuralzoloto and founder and majority shareholder Konstantin Ivanovich Strukov and subsidiary Ovrudnik were also named.
Gold miner PJSC Kommunarovskiy is also included in the sanctions list. Also on the sanctions list announced on Friday are Russian diamond and precious metals exporter JSC V/O Almaz Uvelir Exports, precious metals investment company Rheingold Edelmetall and its German shareholders Axel Paul Diegelmann and Fritz Diegelmann and employees Bernd Guenter Diegelmann; and Axel Paul Diegelmann Another precious metals investment company owned by Liemeta Company. Sanctions also target companies involved in the production of metal processing equipment, metal processing chemicals and battery components.
