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China restricts exports on key chipmaking metals
UPI ^ | July 4 , 2023 | Darryl Coote

Posted on 07/06/2023 6:35:07 AM PDT by george76

China is imposing export restrictions on two metals used in the manufacturing of semiconductors, deepening a trade conflict between Beijing and democratic nations over the all-important chips.

China's commerce ministry announced the implementation of export controls on gallium and germanium Monday, stating it was done "in order to safeguard national security and interests."

The regulations require exporters to secure a license to ship the two metals and related products starting Aug. 1, the ministry said, adding that the end use and end user must be identified in the application.

...

The announcement also comes days before U.S. Treasury Secretary Janet Yellen is to visit China for meetings with high-ranking officials to discuss their two countries' economies.

(Excerpt) Read more at upi.com ...


TOPICS: Business/Economy; China; Government; News/Current Events; Politics/Elections
KEYWORDS: china; darrylcoote; gallium; germanium; semiconductors

1 posted on 07/06/2023 6:35:07 AM PDT by george76
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To: george76

cost goes up, big guys 10% gets bigger.


2 posted on 07/06/2023 6:36:49 AM PDT by BigFreakinToad (Biden whispered "Don't Jump")
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To: george76

Not a problem, since we mine and refine those metals ourselves.

Hmmm....

Uh, let me check....

Crap, the Globalists exported all that to China and elsewhere in 1987. So much for chip production!!!


3 posted on 07/06/2023 6:37:48 AM PDT by BobL (Trump has all the right Enemies; DeSantis has all the wrong Friends)
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To: george76

I think that is why Yellen went to China.


4 posted on 07/06/2023 6:40:17 AM PDT by Rappini (Hope means coming in second.)
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To: george76

They slowly turn up the heat on the frog in the pot...................


5 posted on 07/06/2023 6:43:33 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: george76

China appreciates Biden’s restrictions on rare earth mining in the USA. Joe’s doing his part…. you get what you pay for with the Biden’s.

https://nypost.com/2023/03/22/biden-blocks-mineral-mining-his-clean-energy-goals-require/


6 posted on 07/06/2023 6:46:27 AM PDT by House Atreides (I’m now ULTRA-MAGA. -PRO-MAX’)
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To: george76

I had to look up the metals in another article. Very annoying. Gallium and germanium. China has been going around the world and locking up the supplies of strategic minerals. When they decided to use their control of said minerals to undermine the policies of the West, Trump personally proctored a mine and refining facility out west and had it ready to open when he left office. These were for the so-called rare earths. The US has a sufficient supply, but we aren’t allowed to mine it because...global warming or something. I think the same is true for gallium and germanium. It’s almost as if people writing US law are in cahoots with the Chinese to prevent America from being independent of Chinese dictates. (Of course, that would be a conspiracy theory and I’d be a nut case if I mentioned it. So, I won’t.)


7 posted on 07/06/2023 6:48:18 AM PDT by Gen.Blather (Wait! I said that out loud? )
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To: george76

How about Thulium and Thallium? (h/t to Tom Lehrer)


8 posted on 07/06/2023 7:02:58 AM PDT by bigbob (Q)
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To: george76

“China restricts exports on key chipmaking metals”

Why should I worry about this, as PUTIN IS ABOUT TO TAKE OVER THE WORLD!!!!!! That’s all that matters...well, according to the Neocons and their supporters.


9 posted on 07/06/2023 7:06:39 AM PDT by BobL (Trump has all the right Enemies; DeSantis has all the wrong Friends)
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To: george76

From Wikipedia:

Recent estimates put the supply potential of gallium at a minimum of 2,100 t/yr from bauxite, 85 t/yr from sulfidic zinc ores, and potentially 590 t/yr from coal. These figures are significantly greater than current production (375 t in 2016). Thus, major future increases in the by-product production of gallium will be possible without significant increases in production costs or price. The average price for low-grade gallium was $120 per kilogram in 2016 and $135–140 per kilogram in 2017.

In 2017, the world’s production of low-grade gallium was ca. 315 tons — an increase of 15% from 2016. China, Japan, South Korea, Russia, and Ukraine were the leading producers, while Germany ceased primary production of gallium in 2016. The yield of high-purity gallium was ca. 180 tons, mostly originating from China, Japan, Slovakia, UK and U.S. The 2017 world annual production capacity was estimated at 730 tons for low-grade and 320 tons for refined gallium.

China produced ca. 250 tons of low-grade gallium in 2016 and ca. 300 tons in 2017. It also accounted for more than half of global LED production. As of July 2023, China accounted for between 80% to 95% of its production.

https://en.wikipedia.org/wiki/Gallium


10 posted on 07/06/2023 7:09:47 AM PDT by Brian Griffin (ARTICLE I SECTION 2....The President...may require the opinion, in writing)
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To: george76

From Wikipedia:

About 118 tonnes of germanium were produced in 2011 worldwide, mostly in China (80 t), Russia (5 t) and United States (3 t). Germanium is recovered as a by-product from sphalerite zinc ores where it is concentrated in amounts as great as 0.3%, especially from low-temperature sediment-hosted, massive Zn–Pb–Cu(–Ba) deposits and carbonate-hosted Zn–Pb deposits. A recent study found that at least 10,000 t of extractable germanium is contained in known zinc reserves, particularly those hosted by Mississippi-Valley type deposits, while at least 112,000 t will be found in coal reserves. In 2007 35% of the demand was met by recycled germanium.

While it is produced mainly from sphalerite, it is also found in silver, lead, and copper ores. Another source of germanium is fly ash of power plants fueled from coal deposits that contain germanium. Russia and China used this as a source for germanium. Russia’s deposits are located in the far east of Sakhalin Island, and northeast of Vladivostok. The deposits in China are located mainly in the lignite mines near Lincang, Yunnan; coal is also mined near Xilinhaote, Inner Mongolia.

https://en.wikipedia.org/wiki/Germanium


11 posted on 07/06/2023 7:15:40 AM PDT by Brian Griffin (ARTICLE I SECTION 2....The President...may require the opinion, in writing)
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To: george76

Nah, China wouldn’t prioritize their military over US consumers (and military), would they? /s


12 posted on 07/06/2023 7:19:09 AM PDT by Reno89519 (DeSantis 2024. Successful Governor, Honorable Veteran, Respectful, Respected.)
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To: george76

Not a problem!!!! China only controls 54% of the market for these minerals. We can buy the other 46%, from other countries!!!

Oh...no?...why?...Oh yeah, those countries aren’t into mutilating children and don’t appreciate us pushing that on them. Oh well.

So, I guess it’s BACK TO UKRAINE, that’s all that matters anyway!!!!!!


13 posted on 07/06/2023 7:21:24 AM PDT by BobL (Trump has all the right Enemies; DeSantis has all the wrong Friends)
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To: george76

The actions of the CCP illustrate totally why we did not get economically involved with and dependent on tbe Soviet Union during the cold war.

On China, Nixon was wrong, Ford was wrong, Carter was wrong, Reagan was wrong, HGW Bush was wrong, Clinton was wrong, GW Bush was wrong, Obama was wrong and Trump was just partuially right.

Unfortunately for everyone, Putin just changed the political label of Russia but its politicies toward the west are as if the cold war never ended in the Russian mind, that the Soviet Union was just a political stand in for imperial Russia.


14 posted on 07/06/2023 7:22:27 AM PDT by Wuli
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To: george76

“The following maps illustrate the geographic concentration of reserves and processing for five critical minerals: cobalt, copper, lithium, nickel, and rare earth elements.”

https://www.wilsoncenter.org/article/critical-mineral-maps


15 posted on 07/06/2023 7:22:36 AM PDT by Brian Griffin (ARTICLE I SECTION 2....The President...may require the opinion, in writing)
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To: george76

deposit maps for other metals:

https://web.mit.edu/12.000/www/m2016/finalwebsite/solutions/deposits.html


16 posted on 07/06/2023 7:33:39 AM PDT by Brian Griffin (ARTICLE I SECTION 2....The President...may require the opinion, in writing)
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To: bigbob

I don’t know about those 2, but I know that we have a heavy surplus of buffoonium and stupidium.


17 posted on 07/06/2023 9:00:32 AM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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