China’s new rules are worrying insiders about how far Beijing will go on controlling critical metals
> China’s latest export controls have caused some in the critical minerals industry to worry that Beijing will leverage its global supply chain dominance in unprecedented ways.
>“Three months ago, there’s [no] way anyone would have thought they would have done this. It’s quite confrontational in that regard,” said Lewis Black, CEO of Canada-based Almonty Industries.
> China will put export controls on tungsten by the end of the year, if not in the next month or two, Christopher Ecclestone, principal and mining strategist at Hallgarten & Company, predicted.
https://www.cnbc.com/2024/08/21/chinas-antimony-export-controls-rattle-the-tungsten-industry.html#:~:text=China%20Economy-,China's%20new%20rules%20are%20worrying%20insiders%20about%20how%20far,go%20on%20controlling%20critical%20metals&text=China's%20latest%20export%20controls%20have,chain%20dominance%20in%20unprecedented%20ways.
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