ΔE 20.3, loose: different enough that you should pick on purpose. Plasma Red is a little darker, cooler than Rust.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 20). Plasma Red is a little darker, cooler than Rust.
The same difference applies the other way round: Rust is a little lighter, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Rust on the colour wheel See Plasma Red on the colour wheel
All matches: Rust equivalents · Plasma Red equivalents