China Bans Critical Mineral Exports to US

In response to recent US export controls on Chinese semiconductor technology, China has banned the export of key minerals, including gallium, germanium, and antimony, to the United States. These minerals are essential for military applications and advanced technologies such as semiconductors and electric vehicle batteries. The ban reflects China's dominance in the global supply chain, producing the majority of these critical minerals. This move further escalates the trade tensions between the two countries, affecting the US's ability to source these materials and potentially raising prices. Western nations, including companies like Military Metals Corp., are urged to develop alternative supply chains to reduce dependence on China. The new restrictions also include stricter reviews on the export of graphite, a component in EV batteries, highlighting the geopolitical importance of securing rare mineral resources for national security and technological advancement.