Its easy to explain. Its a WAR economy. Its what happens when you invade another country and can't convert quickly.
When Europe finally leans in you will see the same GDP phenomena.
I assume the "welcome news for those in metals investments" will then become unwelcome if the sanctions are lifted.
Which begs the question, which one are do you prefer given your statement "There is no sane argument for them to continue to sanctioning Russia"? There's a conflict in your post.
US and UK ban Russian metals, page-5
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