China has near global monopolies on these exports, accounting for 98% of global gallium production, 93% of germanium production, and 49% of antimony production.
China has near global monopolies on these exports, accounting for 98% of global gallium production, 93% of germanium production, and 49% of antimony production.
Germanium and gallium are not that rare. They’re produced as a byproduct of other types of mining (zinc, aluminum, coal, etc). China has a monopoly on them not because of any kind of special geology, but because they were willing to sell them below cost for decades.
It won’t take long for alternative sources to spin up and become available, especially because China has been threatening to do this for over a year.
That’s certainly a claim.