Rare Metals Prices Surge As China Restricts Exports

Last year, China announced that it would impose restrictions on exports of eight gallium and six germanium products starting August 2023  in retaliation for U.S. imposing trade restrictions and tariffs on Chinese-made products. On August 14, Beijing tightened the noose and announced export restrictions on antimony as part of the country's latest move to restrict critical mineral shipments. And now prices of antimony and gallium are surging despite the export restrictions having yet to go into effect. Antimony prices have rocketed to an all-time…