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Failed to connect to MySQL: (1203) User howardkn already has more than 'max_user_connections' active connectionsPath: ...!weretis.net!feeder9.news.weretis.net!i2pn.org!i2pn2.org!.POSTED!not-for-mail From: ltlee1@hotmail.com (ltlee1) Newsgroups: soc.culture.china Subject: Re: China's Antimony Curbs Expose U.S. Critical Mineral Supply Chain Vulnerabilities Date: Sun, 22 Sep 2024 17:28:49 +0000 Organization: novaBBS Message-ID: References: <11b16f36b7933bf58fb91ac17e31d705@www.novabbs.com> MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8; format=flowed Content-Transfer-Encoding: 8bit Injection-Info: i2pn2.org; logging-data="3029771"; mail-complaints-to="usenet@i2pn2.org"; posting-account="mNwqq9k4PbjwCNcW/6mPKUh0i9J+bz8EaUjCd0X/OGk"; User-Agent: Rocksolid Light X-Spam-Checker-Version: SpamAssassin 4.0.0 X-Rslight-Posting-User: 2fefc04777943c472de9022864bceed983aeb27a X-Rslight-Site: $2y$10$neJCGBH7Rbu9mQ59.YPcpend9WRiL1j6Pst76845kO7HwqOLthgaa Bytes: 2411 Lines: 33 "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-are-antimony-prices-exploding/