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|    soc.culture.china    |    Apparently more than just Tik Tok?    |    155,085 messages    |
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|    Message 153,172 of 155,085    |
|    ltlee1 to All    |
|    Re: China's Antimony Curbs Expose U.S. C    |
|    22 Sep 24 17:28:49    |
      From: ltlee1@hotmail.com              "A supply shortage has triggered the steepest rally in price “ever       recorded” in the global antimony market since April, according to       FastMarkets who began recording prices from January 1980.              In May, prices reached US$17,588.88 per metric ton of antimony ingot, up       54% in 2024, according to the Shanghai Metals Exchange; prices in Europe       reached US$22,700 a ton on June 14, up more than 75% on 2023.              And now China has announced it will impose export limits on antimony       because of “national security.”              The reason: an extreme shortage of supply from China, Russia, and south       east Asia, while demand from solar power soars.              “Antimony is becoming a crazy dangerous market… It is hurting the       industry, causing irreparable damage” — a trader told Argus, noting that       consumers are getting hit by the higher prices and reduced availability       ..       Supply       China              Total global antimony mine production in 2023 was approximately 83,000       tonnes. The largest producer, by far, is China — but this is steadily       decreasing.               in 2000, China produced 100,000 tonnes, out of a global total of       121,000 tonnes        in 2024, China produces 40,000 tonnes, out of a total of 83,000       tonnes              Not only is China’s percentage falling, but supply elsewhere is not       acting as a substitute for the fall in China production."              https://theoregongroup.com/energy-transition/market-trends/why-a       e-antimony-prices-exploding/              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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