China’s Antimony Ban Sent Prices Up 2,600%. Rare Earths Are Next
Geopolitics · OilPrice.com ·
In 2024, China announced export controls on antimony. It’s a metal most people have never heard of, but antimony goes into more than 200 types of military munitions. Within weeks, the price went from $1,400 per ton to $38,000 — a 2,600% spike — and shipm…