China imposes export controls on rare minerals used to make semiconductor chips ...Middle East

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China imposes export controls on rare minerals used to make semiconductor chips
The Chinese government on Monday announced new limits on the exportation of two rare metals necessary for production of semiconductors and electric vehicles. Beginning Aug. 1., the Chinese Ministry of Commerce said exports of the metals germanium and gallium will only be allowed if exporters secure licenses from the ministry, a move the ministry called essential to “protect national security and interests.” While the ministry did not go into detail about the reasons for the new restrictions, an editorial in the state-owned China Daily following the announcement blasted the Netherlands for its own export controls on semiconductor components. The editorial also noted that the U.S.

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