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On August 15, two Chinese departments issued an announcement, announcing that they would implement export controls on antimony and other items.

China's move immediately attracted widespread attention from the international community.

Because this rare metal has a very wide range of applications, it is not only used to produce batteries and photovoltaic equipment, but also used in military equipment such as ammunition, infrared-guided missiles, nuclear weapons, and night vision goggles.

On the other hand, if this rare metal is lacking, it means that some weapons and ammunition cannot be manufactured at all.

More importantly, China accounts for almost half of the global antimony metal mining.

According to a report released by the European Union in 2023: Over the past decades, China has gradually become the world's largest supplier of more than 30 key minerals, of which antimony ore supply accounts for 56% of the world's total.

It is not difficult to see that China is absolutely crucial in the field of rare metals. Any policy changes we make in this field will have a huge impact.