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China restricted exports starting 1 August

Ares tests previous assays from its Utah fluorspar project and finds the rare earth minerals: germanium and gallium. China is restricting exports of two niche metals - ust 3rd, 2023 - Ares Strategic Mining Inc. , is pleased to announce the Company... - Veroeffentlicht am 03.08.2023

Restrictions on the materials last month, in a move widely seen as retaliation for american curbs on tech sales to china. nick marsh with more. you may never have heard of gallium or germanium, elements, so—called critical materials, and they are needed for chips in things like mobile phones, leds, satellites, military equipment as well, and the reason that they have been in the news is because most of it comes from china. 60% of the world's germanium and 80% of the world's gallium and from today, it will be much more difficult much more difficult for businesses to get their hands on it. let...

For the united states. the reason china dominates the market is not because it is the only place where gallium and germanium exists, but because it is by far the cheapest place you can get them from. you don'tjust dig them up from the ground, they are derived from a more complicated reduction process complicated production process and china has that capability. so governments and businesses will have to rely on cheaper substitutes and alternative sources. it means prices will go up, it means some products might be less effective and some production right be delayed. so this sort of poses a bit...

The restrictions on supply chains. these two particular minerals are not the most widely used, they are not the ones that the united states and other countries are the most reliant on china for, they're not the hardest to get, but i think it's important to keep in mind that if china had put these sorts of restrictions on refined lithium or cobalt or something like that, it would be much more impactful than gallium and germanium. so china has intentionally selected ones that it can use to send a signal. they are clearly important to the semiconductor industry, but they are fungible, they can be...