China's Dominance
China controls a significant portion of the global supply of critical minerals: 60% of rare earth production and 80% of processing.
This monopoly gives China substantial leverage over countries reliant on these minerals.
Strategic Importance of Antimony
Antimony is crucial for defense and military applications, including missiles and ammunition.
China’s export restrictions, justified by "national security," signal its willingness to use minerals as political leverage.
Historical Context
Past incidents, like the 2010 rare earth export halt to Japan, highlight China's strategy of using mineral supplies as a tool for coercion.
Recent actions are seen as a response to U.S. restrictions on semiconductor technology.
Weaponization of Minerals
China’s current export controls reflect a shift from intimidation to active weaponization of its mineral resources.
These actions aim to disrupt Western high-tech and green energy initiatives.
Impacts on Global Security
Countries like India, Japan, the U.S. and the EU, face increased vulnerabilities due to their reliance on Chinese minerals.
The rising import costs highlight the need for India to diversify supply sources and strengthen partnerships with other nations.
As tensions between China and Western countries escalate, export restrictions are likely to continue, further impacting global security and economic stability.
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