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Author: Subject: China bans sale of Gallium, Germanium, and Antimony to U.S.
Morgan
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[*] posted on 3-12-2024 at 10:27
China bans sale of Gallium, Germanium, and Antimony to U.S.


Thought the title topic might be of interest. Also graphite in some cases.
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[*] posted on 3-12-2024 at 10:30


Ok, care to share a link to a source or any more details about why and when it will take effect?



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Morgan
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[*] posted on 3-12-2024 at 10:38


"On Tuesday, China's Ministry of Commerce punched back, announcing a ban that takes effect immediately on "exports of 'dual-use items' related to gallium, germanium, antimony, and superhard materials to the US," Reuters reported. Such "dual-use items" cover goods and technologies used for civil or military purposes, while the rare-earth metals are critical to tech manufacturing."
https://arstechnica.com/tech-policy/2024/12/china-retaliates...

https://www.axios.com/2024/12/03/china-trade-ban-minerals-bi...

[Edited on 3-12-2024 by Morgan]
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clearly_not_atara
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[*] posted on 3-12-2024 at 13:48


Good time to stock up on antimony since everyone is panic buying so you won't be suspicious?



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[*] posted on 4-12-2024 at 06:35


Buy now other things from China until they will ban them too :)
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[*] posted on 4-12-2024 at 17:02


$83 billion worth of gold discovered in China too, wonder if the price of gold will drop.
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[*] posted on 5-12-2024 at 00:15


This hardly will affect the gold price. Total value of all gold, available world wide is around 15*1012 dollar. This $83 billion is only just over 0.5% of total world value, and it still has to be mined, which will al least take several years. For a country like China, this of course is a nice find, but it will not do wonders in Chinese economy.

[Edited on 5-12-24 by woelen]




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[*] posted on 5-12-2024 at 05:49


Quote: Originally posted by clearly_not_atara  
Good time to stock up on antimony since everyone is panic buying so you won't be suspicious?


Why is antimony even considered suspicious to buy in the first place? It’s not like it’s commonly associated with illegal activities or highly restricted uses
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[*] posted on 6-12-2024 at 00:08


This has nothing to do with illegal activities, but with economics. US and China are close to an economic war, and China wants to make essential materials less available for the US, such that it harms US economy. These materials are important materials for a modern technological society (e.g. electronics, energy transition, advanced sensors). This can drive up prices for raw materials and for all kinds of equipment. I do not expect that it will have much influence on hobbyists. A hobbyist, buying 100 grams of antimony or so makes no difference and most likely, the Chinese still are more than willing to sell such quantities through eBay, AliExpress or whatever to individuals. The restrictions, mentioned by the OP, are about exports of industrial quantities (tonnes, or more).



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