China’s Mineral Ban Threatens $3.4B US Tech Sector Amid Chip Crisis

Sunita Somvanshi

China halts exports of gallium, germanium, and antimony to US, citing national security concerns amid escalating tech war between world's largest economies.

Photo Source: Gary Todd (CC0 1.0)

US Geological Survey warns total export ban could deliver $3.4 billion blow to American economy, as China dominates global supply of specific critical minerals.

Photo Source: Gary Todd (CC0 1.0)

Chinese Commerce Ministry mandates stricter reviews for graphite exports while banning superhard materials crucial for industrial cutting tools and protective coatings.

Photo Source: James St. John (CC BY 2.0)

US State Department responded to China's export controls, emphasizing need to collaborate with allies for diversifying critical supply chains.

Photo Source: Tristan Taussac  (CC BY-ND 2.0)

Three Chinese industry associations urge domestic companies to carefully evaluate US chip purchases, signaling potential disruption in semiconductor trade.

Photo Source:  Batuhan Kocabaş (Pexels)

Global antimony prices more than doubled this year amid China's tightening export controls on materials vital for batteries, night-vision gear, and weapons.

Photo Source: Province of British Columbia (CC BY-NC-ND 2.0)

Project Blue co-founder Jack Bedder warns restrictions intensify pressure on already strained supply chains across tech manufacturing sectors.

Photo Source:  PxHere

China supplies 54% of US germanium imports for infrared tech and fiber optics, while America hasn't mined domestic gallium since 1987.

Photo Source: en:user:foobar (CC BY-SA 3.0)

US adds 140 companies to restricted trade list, predominantly targeting Chinese firms in Japan, Korea, and Singapore.

Photo Source:  BBC World Service (CC BY-NC 2.0)

Perpetua Resources develops antimony mine in Idaho with US government backing as alternative supply source amid Chinese export restrictions.

Photo Source: Tom Fisk (Pexels)