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☆ China's big pig breeders dig in as losses and debts mount
▼ + stars: | 2023-12-04 | by ( Dominique Patton | ) www.reuters.com time to read: +6 min

BEIJING, Dec 4 (Reuters) - The biggest pig breeders in China, consumer of fully half the world's pork, seem to have bitten off more than they can chew. More huge losses are expected next year, putting China's pig enterprises under pressure to slim down their breeding herds and sell off farms, many of which are sitting empty. But now, especially given the companies' high debt levels, the analyst said: "It's hard for them to borrow any money from the banks." That follows a 17% surge in the first nine months of this year at China's 15 big market-listed breeders even as they reported 200 billion yuan in combined net losses. China's agriculture ministry has warned of heavier losses for the sector in early 2024 than a year ago and urged pig producers to cut output.

Persons: Lyle Jones, Hope Liuhe, they're, Flora Zhu, Dominique Patton, Edmund Klamann Organizations: Inc, Dalian Commodity Exchange, Tech - Bank, Jiangxi Zhengbang Technology, Analysts, Muyuan Foods, Foodstuff, WH, HK, Smithfield Foods, Hua'an Securities, China Corporate Research, Fitch, Beijing, Thomson Locations: BEIJING, China, Fujian Aonong, Jiangxi, Beijing

☆ Sinopec says signs new 27-year LNG supply deal with QatarEnergy
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +1 min

The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Under the agreement, the two firms will cooperate on the second phase of the North Field gas project, which will supply 3 million metric tons of LNG per year to Sinopec. The deal, signed at the China International Import Expo in Shanghai, is the third long-term supply deal between Sinopec and Qatar Energy, the world's top LNG supplier. The two parties signed a 10-year LNG purchase and sales agreement in 2021, followed by a 27-year deal last year. The North Field is part of the world's largest gas field which Qatar shares with Iran, which calls its share South Pars.

Persons: Chris Helgren, Jason Xue, Dominique Patton, Jason Neely Organizations: China Petroleum & Chemical Corporation, REUTERS, Rights, China Petroleum & Chemical Corp, BEIJING, Qatar Energy, China, Qatar, Pars, Thomson Locations: Vancouver , British Columbia, Canada, Shanghai, Sinopec, Iran

Overall, China's 2023 imports are likely to reach around 12 million tons, two Singapore-based traders said, topping 2022's record 9.96 million tons, and the avid buying is expected to continue into 2024. read moreBeijing has not provided a crop quality assessment. MORE TO COMEChina's January-September wheat imports jumped 53.6% to 10.17 million metric tons, customs data showed, including 6.4 million tons from Australia and 1.8 million tons from Canada. Chinese wheat purchases have stabilised global wheat prices, one of the Singapore traders said. Given lower output in Australia, traders and analysts said China is likely to import significantly higher volumes of French wheat in the coming months.

Persons: China's, Muyuan, Stefan Meyer, Ma Wenfeng, Price, Rosa Wang, Jeffrey McPike, Naveen Thukral, Dominique Patton, Peter Hobson, Gus Trompiz, Julie Ingwersen, Tony Munroe, Simon Cameron, Moore Organizations: Traders, Russia, Reuters, El, Beijing Orient, Shanghai JC Intelligence Co, U.S, WASDEA Commodities, Thomson Locations: China, SINGAPORE, BEIJING, Chicago, Singapore, Australia, Beijing, Sydney, StoneX, Canada, Indonesia, Japan, North America, U.S, Canberra, Paris

☆ Global EV battery supply chain puzzles over China graphite curbs
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +6 min

Graphite powder, used for battery paste, is pictured in a Volkswagen pilot line for battery cell production in Salzgitter, Germany, May 18, 2022. China dominates the global EV battery supply chain including production of graphite - the single largest component. Graphite companies in the country process both the natural material mined domestically and overseas, as well as synthetic forms. Under the new rules, China will require export permits starting Dec. 1 for high-end synthetic graphite, as well as key forms of natural graphite. NATURAL GRAPHITE HITGlobal companies using natural graphite include Hitachi Chemical, part of Japan's Resonac Holdings Corp (4004.T), South Korea's POSCO Future M (003670.KS) and Japan's Mitsubishi Chemical, which produces natural graphite at two plants in China, according to research firm CRU Group.

Persons: Fabian Bimmer, Sunit Kapur, Zhang Yan, Siyi Liu, Brenda Goh, Satoshi Sugiyama, Heekyong Yang, Seoul ， Paul Lienert, Jing Xu, Dominique Patton, Tony Munroe, David Evans Organizations: Volkswagen, REUTERS, Rights, EV, Qingdao, Reuters, China's Ministry of Commerce, Gotion High Tech, BTR, Material Technology, Hitachi Chemical, Japan's Resonac Holdings Corp, Mitsubishi Chemical, CRU Group, Mitsubishi, Resources, Materials, Thomson Locations: Salzgitter, Germany, Beijing, China, Japan, South Korea, United States, U.S, Shanghai, Ningbo Shanshan, Indonesia, Finland, Japan's, Australia, Mozambique, U.S ., Louisiana, North Carolina, Toyko, Seoul ，, Detroit

☆ China export curbs choke off shipments of gallium, germanium for second month
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

China's exports of wrought germanium products stood at 1 kilogram, versus zero in August after a flurry of buying prior to the restrictions saw shipments of wrought products surge to 8.63 metric tons in July. China exported no wrought gallium products in August and September. Exporters of germanium and gallium products now need to obtain an export licence for dual-use items and technologies, meaning those with potential military and civilian applications. Some Chinese companies have obtained export licences for gallium and germanium products, the Ministry of Commerce said in September. China's exports of wrought germanium totaled 36.49 tons in the first nine months of 2023, up 47.4% on the year, while shipments of wrought gallium fell 61.9% on the year to 22.72 tons over the same period.

Persons: Amy Lv, Dominique Patton Organizations: cnsphoto, REUTERS, Rights, Ministry of Commerce, Shanghai Metals, Thomson Locations: Ningbo Zhoushan, Zhejiang province, China, Rights BEIJING, Beijing, Washington

☆ Chinese gallium prices hit 7-month high as demand improves, shipments resume
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsBEIJING, Oct 19 (Reuters) - Chinese prices of chip-making metal gallium hit their highest since February this week on stronger domestic demand and growing hopes of recovering exports, analysts and suppliers said. The spot price of gallium metal reached 1,975 yuan ($269.95) per kg on Oct. 18, up 18% since the start of July and up 8% since Aug. 1, data from consultancy Shanghai Metals Market showed. The Ministry of Commerce said last month that some Chinese companies have obtained export licences for gallium and germanium products. European prices of gallium metal surged by 68% from early July to $475 per kg on Oct. 18 and was up 23% from August, data from information provider Fastmarkets showed. ($1 = 7.3162 Chinese yuan)Reporting by Amy Lv and Dominique Patton in Beijing; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Li Yilan, Antaike, Amy Lv, Dominique Patton, Shounak Dasgupta Organizations: REUTERS, Rights, . Geological Survey, Shanghai Metals, Beijing, Commerce, Fastmarkets, Thomson Locations: China, Rights BEIJING, Beijing

Those shipments sometimes accounted for more than half of Chinese malting barley demand, depending on the year. "The return of Australian barley means everyone will be happier," said Miller Meng, brewmaster at Shanghai craft beer bar, The Brew. "Australian malt in the market return prices back on the right track," he said. But in the absence of Australian malting barley, many Chinese craft brewers turned to alternatives such as French or Canadian malt. That meant a perilous thinning of margins and the hope is that Australian imports will reverse this trend, craft brewers told Reuters.

Persons: Miller Meng, brewmaster, Trueman, Yang Zhenglong, Matthew Jimenez, Duvel, Casey, Dominique Patton, Peter Hobson, Edwina Gibbs Organizations: Canberra, EqualOcean International, Reuters, Casey Hall, Thomson Locations: SHANGHAI, BEIJING, China, Shanghai, Tianjin, Mongolia, Ukraine, Australian, Australia, Europe, Saudi Arabia, Beijing, Canberra

☆ US firm AXT says China unit has initial export permits for key chipmaking metals
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

The elements of Gallium and Germanium are seen on a periodic table, in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration Acquire Licensing RightsBEIJING, Sept 22 (Reuters) - U.S. semiconductor wafer maker AXT Inc (AXTI.O) said its Chinese subsidiary Beijing Tongmei had received initial export permits for shipping gallium arsenide and germanium substrates - compounds key to chipmaking - to certain customers. China's Ministry of Commerce said on Thursday that some Chinese companies had obtained export licences for gallium and germanium products, with more still being reviewed. This came after China's exports of germanium and gallium items plunged in August, the first month of the export controls，customs data showed on Wednesday. There were also no exports of wrought gallium products in August, compared to 5.15 tons in July and 7.67 tons in August in 2022, the data showed.

Persons: Florence Lo, Beijing Tongmei, Tongmei, Amy Lv, Dominique Patton, Tom Hogue, Stephen Coates Organizations: REUTERS, Rights, AXT Inc, Beijing, China's Ministry of Commerce, China, Thomson Locations: Rights BEIJING, . California, China, Beijing, United States, Washington

☆ Chinese titanium producers expect boost from new iPhone
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Stephanie Lecocq Acquire Licensing RightsBEIJING, Sept 13 (Reuters) - China's titanium producers said on Wednesday they expect stronger demand for the lightweight metal after the launch of a new model of Apple's iPhone with a titanium shell. China accounts for more than 60% of the 240,000 metric tons of titanium and titanium alloys produced globally each year, according to the CNIA. A consumer product "monster" such as the iPhone would help bring wider adoption of titanium in new industries, replacing materials like stainless steel, he added. The titanium shell on the new iPhone is made with an alloy known as Grade 5 Titanium that also contains small amounts of aluminium and vanadium, according to three Chinese titanium producers. "There's a technical barrier to produce titanium alloys and international enterprises such as Apple require high standards.

Persons: Stephanie Lecocq, Zhao Wei, Zhao, Foxconn, Ningwei Qin, Amy Lv, Siyi Liu, Dominique Patton, Sharon Singleton Organizations: Apple, REUTERS, Rights, China Nonferrous Metals Industry Association, Ningwei, Thomson Locations: Lille, France, Rights BEIJING, China

Indonesia imported 53,864 metric tons of nickel ore in the first half of 2023, up from 22,503 tons for all of 2022, Indonesian trade data showed. But imports from the Philippines only started in May, and all arrived at Morowali port in a huge nickel processing park run partly by Chinese nickel giant Tsingshan Group, the Indonesian data showed. "But the ore is cheaper by comparison with domestic ore currently and so this will offset some of the rising costs," Mitchell said. The Philippines mined 360,000 tons of nickel in ore in 2022, or 11% of global supplies, according to INSG. Philippines 1.3% grade ore landed at China's Lianyun port surged 20.6% in the past month to $41 a ton, the highest since March, Mysteel data showed.

Persons: Antara, Aneka, Tsingshan, Wood Mackenzie, Andrew Mitchell, Mitchell, Mai Nguyen, Siyi Liu, Fransiska, Enrico dela Cruz, Dominique Patton, Kim Coghill Organizations: PT Vale Indonesia, REUTERS Acquire, Nickel, Tsingshan Group, Study, Imports, Thomson Locations: Sorowako, South Sulawesi, Indonesia, Philippines, Jakarta, Morowali, China, China's, Hanoi, Beijing, Manila

Total refinery throughput in the world's second-largest oil consumer was 63.13 million metric tons last month, data from the National Bureau of Statistics (NBS) showed. Production was up slightly from the 14.83 million bpd of oil processed in June. Domestic fuel demand has picked up with the arrival of the summer travel season, notably in gasoline and jet fuel. China's crude oil imports in July pared back from close-to-record levels during the previous month, totalling 43.7 million metric tons, or 10.3 million bpd, according to the customs data. The NBS data on Tuesday also showed China's domestic crude oil production in July was 17.31 million metric tons, or 4.1 million bpd, versus 17.13 million metric tons in 2022.

Persons: Dominique Patton, refiners, Production, Andrew Hayley, Jacqueline Wong Organizations: Shandong Haiyou Petrochemical Group, REUTERS, National Bureau of Statistics, Reuters, Zhuochuang, Thomson Locations: Shandong, county, Shandong province, China, BEIJING

☆ Australia calls for China to end trade curbs as barley tariffs lifted
▼ + stars: | 2023-08-04 | by ( Lewis Jackson | Dominique Patton | ) www.reuters.com time to read: +4 min

Australian Trade Minister Don Farrell said on Friday that Chinese restrictions affecting roughly A$20 billion of annual trade as of last May had shrunk to hit about A$2 billion of exports. The U.S. Trade Representative’s office, which has sided with Australia in the trade dispute, declined to comment on China’s move to reduce barley tariffs. FILE PHOTO: Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. Wine producer Treasury Wine Estate’s shares reversed earlier declines to close 2.7% following the barley decision against an otherwise flat market. Chinese buyers had turned to Canada, France and Argentina to replace Australian barley supplies over the last three years, while Australian sellers shifted exports to feed barley markets in the Middle East.

Persons: Don Farrell, ” Farrell, Anthony Albanese, Florence, Lee McLean, Dennis Voznesenski, ”, Colin Bettles Organizations: SYDNEY, China’s Ministry of Commerce, World Trade Organization, Australian Trade, Labor, U.S . Trade, REUTERS, Wine, WTO, Rabobank, “, Grain Producers Australia Locations: BEIJING, Australia, normalisation, China’s, Canberra, China, Beijing, Canada, France, Argentina

☆ China to lift tariffs on Australian barley as trade ties improve
▼ + stars: | 2023-08-04 | by ( Dominique Patton | Lewis Jackson | ) www.reuters.com time to read: +4 min

FILE PHOTO: Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. Australian Grape & Wine CEO Lee McLean said the barley decision was a very positive step for the country’s relationship with China. “We hope this may provide a template for removing the duties on Australian wine,” he said. Those trade flows are likely to shift again after China drops the tariffs, with its barley buyers expected to begin purchases of the new Australian crop harvested in October for arrival by year-end. ($1 = 1.5223 Australian dollars)($1 = 1.5232 Australian dollars)((This story has been corrected to change the value of Australian barley exports to A$1.5 billion, not A$2 billion, in paragraph 11)

Persons: Florence, Dennis Voznesenski, ”, Colin Bettles, Lee McLean Organizations: China’s Ministry of Commerce, REUTERS, World Trade Organization, Rabobank, “, Grain Producers Australia, WTO, Labor, & Wine Locations: BEIJING, SYDNEY, Beijing, China, Australia, Canberra, WTO, Canada, France, Argentina

☆ China to lift tariffs on Australian barley after 3 years
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +2 min

China and Australia agreed in April to resolve their dispute over barley imports, with Canberra to suspend a case at the World Trade Organization (WTO) over Beijing's anti-dumping and countervailing duties on barley, while China promised to speed up a review into the tariffs. Australian Trade Minister Don Farrell said on Wednesday that he was expecting a positive outcome within days. The tariffs will be dropped starting on Saturday, China's Ministry of Commerce said, citing a changing situation in China's barley market without providing further details. Beijing implemented tariffs totalling 80.5% on Australian barley in May 2020, wiping out imports of the grain by the world's biggest beer market, worth as much as A$2 billion ($1.31 billion) a year. Those trade flows are likely to shift again after China drops the tariffs, with its barley buyers expected to begin purchases of the new Australian crop harvested in October for arrival by year-end.

Persons: Jonathan Barrett, Don Farrell, Dominique Patton, Kim Coghill, Jamie Freed Organizations: REUTERS, China's Ministry of Commerce, World Trade Organization, Australian Trade, Labor, WTO, Reuters Graphics Reuters, Beijing, Thomson Locations: Moree, New South Wales, Australia, BEIJING, China, Canberra, Beijing, Canada, France, Argentina

BEIJING/TAIPEI, July 28 (Reuters) - Typhoon Doksuri swept into southern China on Friday, unleashing heavy rain and violent gusts of wind that whipped power lines and sparked fires, uprooted trees, and ripped off part of a stadium roof. REUTERS/Eloisa LopezSocial media video showed power lines sparking and bursting into flames as winds thrashed Jinjiang, a city of 2 million, while in Quanzhou trees were uprooted and left in the middle of roads. FERRY OVERTURNSTyphoon Doksuri has already left a wake of death and destruction as it moved from the Philippines across southern Taiwan. In southern Taiwan, the storm toppled trees and cut power to hundreds of thousands of homes. The storm had cut power to more than 278,000 homes across Taiwan and downed hundreds of trees in Kaohsiung.

Persons: Doksuri, Meranti, Zhuang, Aya, Eloisa Lopez, Bernard Orr, Ryan Woo, Yimou Lee, Dominique Patton, Yuhan Lin, Kevin Huang, Ethan Wang, Michael Perry, Neil Fullick Organizations: Sunday, Philippine Coast Guard, REUTERS, Eloisa Lopez Social, Residents, Reuters, Thomson Locations: BEIJING, TAIPEI, China, Fujian, Quanzhou, Anhui, Beijing, Xiamen, Binangonan, Rizal province, Philippines, Jinjiang, Taiwan, Manila, Kaohsiung, Taipei, Shanghai

☆ Some Chinese steel mills ordered to cap output this year - sources
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 25 (Reuters) - Several Chinese steel mills have received instructions to cap this year's output at the same level as 2022, five people familiar with the matter and analyst reports said on Tuesday, potentially curbing iron ore demand in the world's top steel market. China has mandated zero output growth in its steel sector for the last two years as it seeks to limit carbon emissions by one of its most polluting industries. China's state planner did not respond to a fax seeking comment on the caps issued at some steel mills. Some mills in the northern Chinese city of Tianjin were notified to keep steel output below the 2022 level, according to reports by local consultancies Mysteel and Fubao on Tuesday, which did not specify the number of mills. However, a dozen mills in northern Chinese cities including Tianjin and Handan contacted by Reuters said they had not yet received any instructions to cap their output.

Persons: Dominique Patton, Chizu Organizations: China Baowu Steel Group, Shanghai Metals, Reuters, Shanghai Futures Exchange, National Bureau, Statistics, Thomson Locations: BEIJING, China, Tianjin, Fubao, Shanghai, Handan, Beijing

☆ China's Alibaba says will not join Ant Group share buyback
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: 1 min

BEIJING, July 23 (Reuters) - China's Alibaba Group (9988.HK) said on Sunday it had decided not to participate in affiliate Ant Group's proposed repurchase of shares, but would maintain its shareholding in the company. Ant Group announced a surprise share buyback of up to 7.6% of its equity interest earlier this month, a day after it was fined $984 million by Beijing for violating laws and regulations. Online retail giant Alibaba, which spun off Ant 12 years ago retains a 33% stake. The fine has fuelled hopes that a years-long regulatory crackdown on the company has ended, which could allow it to secure a financial holding company licence, focus on growth, and eventually, revive its plans for a stock market listing. Reporting by Amy Lv and Dominique Patton; Editing by Jan Harvey and Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Ant, Amy Lv, Dominique Patton, Jan Harvey, Barbara Lewis Organizations: HK, Ant Group, Thomson Locations: BEIJING, Beijing

☆ China to resume 15-day visa-free entry for Singapore, Brunei citizens
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: 1 min

BEIJING, July 23 (Reuters) - China will resume 15-day visa-free entry for citizens of Singapore and Brunei from Wednesday, its embassies in the two countries said, more than three years after the visas were suspended to stop the spread of COVID-19. Visa-free entry to China will be available for citizens of Singapore and Brunei with ordinary passports travelling for business, sightseeing, visiting relatives and friends, and in transit, the embassies said in notices on their websites. China lifted many of its zero-COVID measures in December but only began issuing tourist visas again in March. China has also been seeking visa-free travel for its citizens to Singapore. Reporting by Amy Lv and Dominique Patton; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Amy Lv, Dominique Patton, William Mallard Organizations: Thomson Locations: BEIJING, China, Singapore, Brunei, COVID

☆ Chinese chipmaker Hua Hong seeks up to $2.95 billion in mainland listing
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: 1 min

BEIJING, July 23 (Reuters) - Chinese chipmaker Hua Hong Semiconductor (1347.HK) said on Sunday it aims to raise up to 21.2 billion yuan ($2.95 billion)in a listing on the Shanghai stock exchange. The country's second-largest chip foundry will sell 407.75 million shares priced at 52 yuan per share, it said in a statement to the exchange. The IPO by the chipmaker is set to be the biggest mainland listing this year. It comes as Chinese chipmakers rush to raise capital as Beijing seeks self-sufficiency in an escalating technology war with Washington. ($1 = 7.1861 Chinese yuan)Reporting by Dominique Patton and Amy Lv; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Hua Hong, Dominique Patton, Amy Lv, Jacqueline Wong Organizations: Hua Hong Semiconductor, HK, Thomson Locations: BEIJING, Shanghai, Beijing, Washington, Hua, Wuxi

During those COP27 climate talks last year in Egypt, China's top climate envoy, Xie Zhenhua, made an unexpected appearance at a meeting of the Global Methane Partnership, a U.S.-EU led initiative aimed at slashing 2020-level methane emissions by 30% by the end of this decade. Xie said China had drafted a plan with concrete measures to curb methane emissions from energy, agriculture and waste. COAL GASTwo big sources of methane emissions growth in China are livestock and rice production, neither of which are included in the country's climate plans. China is the world's largest source of methane from coal mines, with 28% of the world's biggest methane emissions points, according to Antoine Halff, co-founder of the environmental research group Karryos. "When you look around at the sources of coal mine methane worldwide, China is three or four times bigger than the next country's coal mine methane emissions," Banks said.

Persons: John Kerry, Kerry, Xie Zhenhua, Xie, Jonathan Banks, Joe Biden, Biden, Banks, Antoine Halff, Halff, Valerie Volcovici, David Stanway, Dominique Patton, Timothy Gardner, Katy Daigle, Will Dunham Organizations: Sunday, Methane Partnership, EU, Air Task Force, Program, Lawrence Berkeley National Laboratory, Task Force, Thomson Locations: BEIJING, U.S, China, Beijing, United States, Washington ., Glasgow, Sharm el, Egypt, Dubai, Shanxi, Boston, Singapore, Washington

☆ Factbox: China's major germanium and gallium producers
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +3 min

China produces around 60% of the world's germanium, or 180 metric tons in 2022, and over 90% of the world's gallium, about 606 tons last year, according to research firm Antaike. YUNNAN GERMANIUM, AN ESTABLISHED PRODUCERHeadquartered in southwest China's Yunnan province, Yunnan Lincang Xinyuan Germanium Industry Co. Ltd. (002428.SZ) extracts germanium from its own germanium mines and germanium-containing lignite coal mines. It has an annual capacity of 47.6 metric tons of germanium ingot, 60 tons of germanium tetrahydride - used to build 5G infrastructure - and 300,000 germanium wafers for solar cells. CHINALCO, A MAJOR GALLIUM PRODUCERState aluminium giant Chinalco has three gallium production plants, one each in central China's Henan and southwestern Guangxi and Guizhou provinces. It has annual production capacity of 200 metric tons of gallium metal and produced 146 metric tons in 2022.

Persons: Duan Xiangdong, Hope, Zhuzhou, Dominique Patton, David Evans Organizations: . Ltd, Aluminum Corporation of China, Zhuhai Fangyuan, Xing'an, Gallium, AXT Inc, Beijing, Thomson Locations: BEIJING, China, YUNNAN, China's Yunnan, Yunnan, China's Henan, Guangxi, Guizhou, Shanghai, Zhuzhou, China's Hunan, Zhuhai, Guangdong, Shanxi, Nanjing, U.S, Beijing

☆ Beijing's curbs on niche metal exports threaten China supply glut
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +3 min

Gallium prices in China have dropped 12% this year, pressured by its slowing economy. China's germanium ingot price has advanced only 1% to 7,250 yuan per kg since Monday. Overseas price offers are rising much faster, amid fears that Beijing may use the permitting system to restrict shipments. The Chinese government enforces export controls that do not target any particular country," spokesperson Shu Jueting told a weekly press conference. China produces around 60% of the world's germanium, and over 90% of the world's gallium.

Persons: Theo Ruas, Willis Thomas, Ruas, Shu Jueting, Amy Lv, Siyi Liu, Seher, Dominique Patton, Kim Coghill Organizations: China's Ministry of Commerce, Washington, Producers, Corporation, Shanghai Metal Exchange, CRU, Reuters, Thomson Locations: BEIJING, China, Beijing, U.S, London, Bangalore

☆ China's rare earths dominance in focus after it limits germanium and gallium exports
▼ + stars: | 2023-07-05 | by ( Mai Nguyen | Thomson Reuters | Mai Reports On The Nonferrous Metals Markets In Asia. She Writes About Daily Price Movers | ) www.reuters.com time to read: +5 min

Exports: Chinese exports of rare earths have declined. Beijing then curbed global exports of rare earths, saying it was trying to curtail pollution and preserve resources. The chemical properties of rare earths make them difficult to separate from surrounding materials, and processing generates toxic waste. Western countries have ramped up support to boost domestic production of critical minerals including rare earths. Electric vehicle maker Tesla (TSLA.O) is moving away from rare earths in future models to mitigate environmental and supply risks, as the rare earth industry struggles to meet demand.

Persons: Lynas, Mai Nguyen, Melanie Burton, Dominique Patton, Tony Munroe, Barbara Lewis Organizations: United States Geological Survey, Adamas Intelligence, United, RARE, European Union, World Trade Organization, Thomson Locations: China, Japan, Beijing, CHINA, United States, Australia, Myanmar, Thailand, Vietnam, Russia, Brazil, India, Canada, Las Vegas, California, Hanoi, Melbourne

☆ What are Gallium and Germanium and which countries are producers?
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +5 min

Germanium ores are rare and most germanium is a by-product of zinc production and from coal fly ash. Gallium is found in trace amounts in zinc ores and in bauxite, and gallium metal is produced when processing bauxite to make aluminium. U.S. imports of gallium metal and gallium arsenide (GaAs) wafers in 2022 were worth about $3 million and $200 million, respectively, according to USGS. U.S.-based Indium Corporation also produces germanium, while Belgium's Umicore (UMI.BR) makes both germanium and gallium. "Zinc selenide and germanium glass substitute for germanium metal in infrared applications systems, but often at the expense of performance."

Persons: Belgium's, Eikon, Dominique Patton, Mai Nguyen, Melanie Burton, Pratima Desai, Tom Hogue, Himani Sarkar, Catherine Evans, David Evans Organizations: Alliance, . Geological Survey, WHO, Teck Resources, Shanghai Metal Exchange, Thomson Locations: China, Canada, Finland, Russia, United States, Europe, Japan, U.S, South Korea, Germany, Kazakhstan, Teck, North America, British Columbia, Beijing

☆ Which countries produce strategic materials Gallium and Germanium?
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +4 min

Germanium ores are rare and most germanium is produced as a by-product of zinc production and from coal fly ash. China produces around 60% of the world's germanium, according to the European association Critical Raw Materials Alliance (CRMA), with the rest coming from Canada, Finland, Russia and the United States. Gallium is found in trace amounts in zinc ores and in bauxite, and gallium metal is produced when processing bauxite to make aluminium. U.S. imports of gallium metal and gallium arsenide (GaAs) wafers in 2022 were worth about $3 million and $200 million, respectively, according to USGS. U.S.-based Indium Corporation also produces germanium, while Belgium's Umicore (UMI.BR) makes both germanium and gallium.

Persons: Belgium's, Eikon, Dominique Patton, Mai Nguyen, Melanie Burton, Tom Hogue, Himani Organizations: Alliance, WHO, United States Geological Survey, Teck Resources, Shanghai Metal Exchange, Thomson Locations: China, Canada, Finland, Russia, United States, Europe, Japan, U.S, South Korea, Germany, Kazakhstan, Teck, North America, British Columbia, Beijing

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