Source: New York Times
“China said on Tuesday it would begin banning the export of some rare minerals to the United States, in an escalation of the tech war between the world’s two biggest powers. The move comes a day after the Biden administration tightened Chinese access to advanced American technology. Sales of gallium, germanium, antimony and other materials to the United States would be halted immediately on national security grounds, China’s Ministry of Commerce said, citing the minerals’ use for military purposes. The export of graphite would also be subject to stricter review. China produces almost all the world’s supply of critical minerals needed to make advanced technologies such as semiconductors.” (12/03/24)