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At the behest of OMCs to provide a lasting solution to the forex challenges, and against the backdrop of other competing priorities, the Government of Kenya sought a mechanism to reduce the...
China's curbs on exports of gallium and germanium products choked off international shipments of the chipmaking metals for a second consecutive month, customs data for September showed on Friday. China's exports of wrought germanium products stood at 1 kilogram, versus zero in August after a flurry of buying prior to the restrictions saw shipments of wrought products surge to 8.63 metric tons in July. Under the customs code for "germanium oxides and zirconium dioxide", the data showed exports of 1,420 tons in September, versus 1,034 tons in August.
China's Ministry of Commerce is receiving applications for export licenses for gallium and germanium products, which are being reviewed in accordance with relevant laws and regulations, according to a commerce ministry spokesperson. The decision to grant a permit will be based on factors like national security and interests, international obligations, end-users and the eventual use of the products.
Lviv Arsenal company received UAH 1.4 billion (approx. US$36.8 million) from the Defenсe Ministry for the supply of a large batch of 120 mm and 82 mm mortar rounds, but it was long overdue for the contract and did not transfer a single mine to the Armed Forces of Ukraine.
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