Russian President Vladimir Putin proposed considering export restrictions on uranium, titanium, and nickel as retaliation against Western sanctions during a televised government meeting with Prime Minister Mikhail Mishustin. He emphasized the importance of these strategic raw materials, stating that such limits should not harm Russia itself. The move follows the U.S. enactment of a ban on enriched uranium imports from Russia, which is valued at around $1 billion annually. In 2023, the U.S., China, South Korea, France, Kazakhstan, and Germany were key importers of Russian uranium. Russia is the world's fourth-largest producer of uranium and the largest producer of refined nickel, which is crucial for industrial applications. Putin's remarks signal a potential economic countermeasure to ongoing Western policies against Russia.