As trade tensions between the United States and China intensify, the global commodities market is beginning to feel the impact, particularly in sectors where China holds a significant production advantage. Among the commodities affected, antimony - a critical mineral used in various industrial applications - has come into sharp focus.
On Aug. 15, China’s Commerce Ministry declared that it would impose export controls on antimony and related elements beginning Sept. 15. The ministry said in a statement that the restrictions are being implemented “in order to safeguard national security and interests, and fulfill international obligations such as non-proliferation.” Anyone seeking to export the mineral in various forms will be required to obtain a license. Notably, China accounted for 48% of the world’s mined antimony output last year.
