ExportBan

Sudden Export Ban from Congo Sends Cobalt Stocks Soaring in China

2 months ago

In a surprising turn of events, the Democratic Republic of Congo, one of the world’s largest producers of cobalt, has announced an unexpected ban on the export of the mineral. This move has sent shockwaves throughout the global markets, particularly impacting the cobalt sector. As a primary component in lithium-ion batteries, cobalt plays an essential role in various industries, including electric vehicles and renewable energy storage, making its supply critically important.

Philippine Lawmakers Gear Up to Ban Ore Exports: A Groundbreaking Legislation

2 months ago

In a significant move that could reshape the Philippines' mining industry, lawmakers in the country are poised to approve a legislative bill aimed at prohibiting the export of unprocessed minerals, particularly ore. This strategic initiative, which aims to bolster domestic industries and maximize the value derived from local natural resources, has sparked debate across various sectors.

China Enacts Export Ban on Germanium and Gallium to US: Tensions Rise

4 months ago

In a significant escalation of trade tensions, China has announced a ban on the export of germanium and gallium to the United States, marking a retaliatory move amidst ongoing disputes between the two economic superpowers. This decision comes on the heels of the U.S. implementing stringent controls limiting China's access to these critical materials, which are essential for the production of semiconductors and other advanced technologies.