china to ban rare earth minerals next holders imo? good luck im...

china to ban rare earth minerals next holders imo? good luck im still waiting but did OK on KTA today so all not lost.

HOW MUCH DO THEY COST?

Gallium at 99.99% purity in China was assessed at 1,775 yuan ($245) a kg on Monday, up 5.97% from the previous session and the highest since May 16, Shanghai Metal Exchange data on Refinitiv Eikon showed.

China's germanium ingot price was last at 9,150 yuan ($1,264) per kg on Monday, Shanghai Metal Exchange data on Refinitiv Eikon showed.

IS THERE A PRECEDENT?

In 2010, China restricted export quotas of rare earths to Japan following a territorial dispute between the countries, sending prices of rare earths soaring and Japan scrambling to find other sources of supply. Beijing said at the time the curbs were based on environmental concerns.

Rare earth magnets are used in wind turbines, electric vehicles and defence applications like laser guided missiles.

China has hinted at various times that it could crimp rare earths exports, including in recent years.

($1 = 7.2374 yuan)