The U.S. Geological Survey recently released its World Minerals Outlook for world production capacity across seven critical minerals (and helium) from 2025 to 2029, and confirmed a few surprises in its report. In the assessment, part of a larger effort to provide forecasts and scenarios for global mineral supply chain, the agency said global capacity to produce cobalt and lithium,…
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China bans export of critical minerals to U.S.
The Chinese Commerce Ministry announced a ban on exports of gallium, germanium, antimony and other key high-tech materials to the United States, effective immediately, in response to recent chip sanctions, reported The Associated Press. In its latest move, the U.S. Commerce Department added 140 companies to a so-called “entity list” subject to strict export controls on computer chip-making equipment, software…
Read MoreChina to tighten exports on graphite
In another bid to control critical mineral supply, top graphite producer and exporter China said it will require export permits for some graphite products to protect national security, reported Reuters. It has already imposed similar restrictions on gallium and germanium since 1 August. Full story.
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