Soaring Gallium Prices Driven by Chinese Export Restrictions: What You Need to Know
In a significant shift in the global commodities market, gallium prices have surged to their highest levels since 2011, primarily as a result of strict export curbs imposed by China. This increase, which has sent ripples through various industries, highlights the growing tension in international trade and the strategic importance of critical minerals.
Continue readingChina's Gallium and Germanium Export Ban: A Strategic Move in the Global Trade War
In a bold maneuver that underlines the escalating tensions between China and the United States, Beijing has imposed bans on the export of two crucial metals, gallium and germanium. These elements are integral to the manufacturing of a wide array of high-tech products, reinforcing their importance in the ongoing trade war that has seen both nations engaging in various forms of economic warfare. This latest decision by China is anticipated to have significant repercussions not only for the tech industry but also for global supply chains.
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