China has banned exports to the United States of critical minerals gallium, germanium, and antimony, citing national security concerns. The move strengthens existing limits on these minerals’ export and applies only to the U.S. market, further escalating trade tensions between China and the US ahead of President-elect Donald Trump’s inauguration.
Gallium and germanium are used in semiconductors, while germanium also has applications in infrared technology, fibre optic cables, and solar cells. Antimony is used in bullets and other weaponry, with graphite being a key component in electric vehicle batteries.
The ban has sparked concerns that China may target other critical minerals, including nickel and cobalt, with broader usage. The US has assessed the new restrictions but will take “necessary steps” in response, according to a White House spokesperson.
China’s customs data show a significant decline in shipments of these minerals to the US this year. Antimony prices have surged this year as China stifles exports, while companies like Perpetua Resources and United States Antimony are exploring alternative sources for the metal.
The move is part of a broader trade war between China and the US, with both countries imposing restrictions on each other’s industries. Chinese industry groups have called for their members to buy domestically made semiconductors, labeling US chips as “no longer safe and reliable.”
Source: https://www.reuters.com/markets/commodities/china-bans-exports-gallium-germanium-antimony-us-2024-12-03