China Restricts Export of Key Minerals to the US Amid Trade Tensions
Beijing Tightens Control Over Gallium, Germanium, and Antimony Exports in Response to US Semiconductor Crackdown
China announced a ban on exports to the United States of crucial minerals including gallium, germanium, and antimony, citing national security concerns.
This move comes as a reaction to the US's latest actions against China's semiconductor sector.
The Chinese commerce ministry's directive limits the export of these minerals, which have both civilian and military applications, exclusively targeting the US market.
In addition, stricter regulations are now in place for graphite exports to the US.
Data reveals a significant decline in Chinese shipments of these materials to the US, exacerbated by earlier measures restricting export.
In 2023, China contributed to 59.2% of global germanium and 98.8% of gallium production.
This restriction has already led to soaring prices of antimony trioxide in global markets.
These developments highlight the ongoing trade tensions between China and the US, with each side imposing new restrictions on crucial technologies and materials.
Experts predict that these supply chain clashes will intensify, further impacting global markets.
The announcement followed the US's expansion of export controls affecting 140 Chinese companies, including Naura Technology Group, as part of its broader strategy to counter China's technological rise.
This move comes as a reaction to the US's latest actions against China's semiconductor sector.
The Chinese commerce ministry's directive limits the export of these minerals, which have both civilian and military applications, exclusively targeting the US market.
In addition, stricter regulations are now in place for graphite exports to the US.
Data reveals a significant decline in Chinese shipments of these materials to the US, exacerbated by earlier measures restricting export.
In 2023, China contributed to 59.2% of global germanium and 98.8% of gallium production.
This restriction has already led to soaring prices of antimony trioxide in global markets.
These developments highlight the ongoing trade tensions between China and the US, with each side imposing new restrictions on crucial technologies and materials.
Experts predict that these supply chain clashes will intensify, further impacting global markets.
The announcement followed the US's expansion of export controls affecting 140 Chinese companies, including Naura Technology Group, as part of its broader strategy to counter China's technological rise.
