China Rare Earth Price - July 5, 2023

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China rare earth price has shown a continuous decline on July 5, 2023. 

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Sodium Molybdate Price – July 5, 2023

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Molybdenum market quotation in China: the sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices remain unchanged on July 5, 2023. 

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Export Control: Germanium-Related Items

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On July 4, 2023, the Ministry of Commerce and the General Administration of Customs jointly issued a notice to implement export control on gallium and germanium related items. Among the germanium-related items whose exports are restricted are: germanium metal, zoned germanium ingots, zinc germanium phosphate, germanium epitaxial growth substrates, germanium dioxide and germanium tetrachloride.

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Export Control: Gallium-Related Items

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According to the "Export Control Law of the People's Republic of China", "Foreign Trade Law of the People's Republic of China" and "Customs Law of the People's Republic of China" relevant provisions, in order to safeguard national security and interests, approved by the State Council, decided to implement export control on gallium and germanium related items. 

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Effective August 1: Restrictions on Exports of Gallium and Germanium-Related Items

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According to China Tungsten Online, on July 4, 2023, the Ministry of Commerce and the General Administration of Customs issued an announcement on the export control of gallium and germanium related items. According to the announcement, there are 8 gallium related items, namely gallium metal (monomer), gallium nitride, gallium oxide, gallium phosphide, gallium arsenide, indium gallium arsenic, gallium selenide and gallium antimonide; 6 germanium related items, namely germanium metal, zoned germanium ingot, zinc phosphor germanium, germanium epitaxial growth substrate, germanium dioxide and germanium tetrachloride; the export control will be effective on August 1.

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