China's Export Ban Sends Antimony Prices Soaring 40% in One Day

Antimony prices soared 40% on Wednesday after China on Tuesday banned exports to the United States of several critical minerals. China enforced the existing limits on antimony, gallium, and germanium - critical minerals that have widespread military applications ahead of President-elect Donald Trump taking office next month. "In principle, the export of gallium, germanium, antimony, and superhard materials to the United States shall not be permitted," Chinese Commerce Ministry said. China is the world’s largest producer of antimony, accounting…