And now, Washington is hitting back, with the Financial Times reporting the Trump administration is drafting an executive order that will enable the stockpiling of deep-sea metals in a bid to counter China's dominance in rare earths and battery minerals supply chains. The market impact of such bans can be explosive: In January, antimony prices soared 40% in a single day after China banned exports to the United States China enforced the existing limits on antimony, gallium, germanium, critical minerals that have widespread military applications ahead of President-elect Donald Trump taking office. Antimony is also widely used in the solar sector to improve transparency for the cover glass on solar cells and is also used in the screens of smartphones.
Author: Alex Kimani
Published at: 2025-04-14 23:00:00
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