China’s Commerce Ministry Has Proposed Export Restrictions on some technology used to make battery components and Process Critical Minerals Lithium and Gallium, A document Issudayed on Thursday Showed.
If implemented, they would be the latest in a series of expenses and bans targeting critical menrarals and the technology used to process them, areas in which beijing is globally dominant.
Their announsement precedes the inauguration later this month of Donald Trump for a Second Term during HeS Expected to Use Tariffs and Various Trade Restrictions AGAINS AGAINST OTHERES, In Particular China.
Adam Webb, Head of Battery Raw Materials at Consultancy Benchmark Mineral Intelligence, Said China’s Proposals would help The Country Retain Its 70 PROCENT GRIP ON Needed to Make Electric Vehicle (EV) Batteries.
“These proposed measures would be a movement this high market share and to Secure Lithium Chemical Production for China’s Domestic Battery Supply Chains,” He Said.
“Depending on the Level of Export Restrictions Imposed, This Block Pose Challenges for Western Lithium Producers Hoping to Use Chinese Technology to Produce Lithium Chemicals.”
The proposed expansion and revisions of restrictions Uding catl, gote and Eve energy.
Some technologies to extract gallium would also be restricted.
Thursday’s announsement does not say when the proposed changes, which are open for public comment until February 1, Blad Come into Force.
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(Tagstotranslate) China propose expert curbs battery critical menrarals tech china
