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Eugene

(62,646 posts)
Thu Aug 15, 2024, 06:01 PM Aug 2024

China to limit antimony exports in latest critical mineral curbs

Source: Reuters

China to limit antimony exports in latest critical mineral curbs

Reuters
Updated Thu, August 15, 2024 at 11:26 AM EDT·4 min read

BEIJING (Reuters) -China will impose export limits on antimony and related elements in the name of national security, its commerce ministry said on Thursday, Beijing's latest move to restrict shipments of critical minerals in which it is the dominant supplier.

China accounted last year for 48% of global mined output of antimony, a strategic metal used in military applications such as ammunition, infrared missiles, nuclear weapons and night vision goggles, as well as in batteries and photovoltaic equipment.

The restrictions are being imposed "in order to safeguard national security and interests, and fulfill international obligations such as non-proliferation", the ministry said in a statement.

At a regular weekly briefing on Thursday, the ministry said the curbs were not directed at any specific country or region.

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Read more: https://www.yahoo.com/tech/china-limit-antimony-exports-latest-082336596.html

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