Morgan
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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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Texium
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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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"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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Good time to stock up on antimony since everyone is panic buying so you won't be suspicious?
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teodor
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Buy now other things from China until they will ban them too
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Neal
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$83 billion worth of gold discovered in China too, wonder if the price of gold will drop.
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woelen
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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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Fluorite
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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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woelen
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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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