[network_language_chooser]
As China is by far the largest supplier of germanium, the country has an almost monopolistic position in the world. Since summer 2023, a licensing system has been in place for the export of germanium from the People's Republic. This measure was justified on the grounds of national security. As a result, export licenses must be obtained and detailed information on the area of application and end product must be provided. Export licenses will not be issued if these are even remotely related to the defence industry or can be used for such purposes (dual-use goods). As germanium is used in large quantities in thermal imaging technology as optics, this is particularly critical, as it cannot be stated with certainty whether such a system is used in the civilian or non-civilian sector.
As a result of the trade restrictions, exports of the coveted raw material germanium have fallen drastically and export volumes have not yet returned to the level before the restrictions came into force in summer 2023. This has a direct impact on the processing industries, not only in terms of the price of this important raw material, but also on the amount of material available on the market.
Future supply bottlenecks cannot be ruled out. These could affect the telecommunications industry, among others, as germanium is an irreplaceable additive in the production of fiber optic cables. They play an important role in everyday life for fast data transmission.
Presidents Lula and Lee aim to expand cooperation on raw materials and other strategic areas.
Patents from the energy sector now outnumber those from chemistry, pharmaceuticals, or transport, according to a new report by the International Energy Agency.
U.S. Geological Survey publishes annualMineral Commodity Summaries.
Canadian specialty semiconductor manufacturer receives $18 million to expand refining capacity in the United States
Geopolitical tensions and the strict export controls imposed by the world's leading producer of gallium and germanium, China, continue to cause market volatility.
New regulations from Beijing affect one of the most important customer countries for critical raw materials. This is further increasing uncertainty in the already tense markets.
Strategic metals and their potential as tangible assets: find out how to diversify your portfolio in line with the times. Register now!