China has implemented strict export controls on crucial metals like antimony, germanium, and gallium, significantly reducing shipment levels. Since the beginning of 2023, these measures have led to a drop in exports, particularly impacting American and European buyers. For instance, antimony and germanium exports fell 57% and 39%, respectively, in the first quarter of the year. This situation raises concerns about future licenses for rare earth elements recently added to the control list, as exporters anticipate delays, particularly when sending to the U.S.
China's export controls on key metals are striking a blow to global supply chains, with shipments of antimony and germanium tumbling by 57% and 39% respectively.
Since 2023, China has intensified control over vital minerals like germanium and gallium, reflecting its strategic move to dominate the global supply chain.
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