Russia has implemented a ban on exporting waste and scrap of precious metals, aiming to dominate industrial processing capabilities and reduce dependency on international markets. The ban, which will be in effect from December 1, 2024, to May 31, 2025, covers multiple categories of precious metal waste and includes exemptions for specific materials. Experts see this move as part of Russia's broader economic resilience strategy and expect it to disrupt global precious metals recycling supply chains and potentially shift market dynamics in the sector.