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China restrictions on rare earths has caused pricing to double over the past year


Gallium and germanium have become significantly more expensive.

Beginning on August 1, 2023, Chinese and foreign companies must obtain an export license to ship gallium and germanium metals, as well as any products containing these materials, citing national security concerns. Businesses affected by these controls have expressed concern that if China continues to limit exports at current levels, reserves of these essential materials will be quickly depleted, leading to severe shortages. In addition to germanium and gallium, China has recently extended export restrictions to other materials like antimony, which is used for doping during the production of semiconductors as well as in military applications such as armor-piercing ammunition and precision optics.

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