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Montana senators and witnesses warn of Russian palladium dumping, urge trade remedies to protect Stillwater Mine jobs

5568982 · July 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senators raised a bipartisan alarm about alleged Russian market dumping of palladium that has depressed prices, led to layoffs at Montana’s Stillwater Mine, and prompted legislative and executive remedies, including the Stop Russian Market Manipulation Act (S.808).

Senators at the Foreign Relations subcommittee hearing raised concerns about alleged Russian dumping of palladium and platinum on global markets, arguing the practice threatens U.S. producers and jobs at Montana’s Stillwater and East Boulder mines.

Senator Daines described market manipulation he said has driven down palladium prices, forced the Stillwater Mine to lay off about 700…

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