this post was submitted on 17 Dec 2024
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Pricing for key chipmaking material hits 13-year high following Chinese export restrictions — China's restrictions on Gallium exports hit hard (www.tomshardware.com)
submitted 1 month ago by avieshek to c/technology
8 comments fedilink hide all child comments
 

Prices rose to $595 per kilogram, a 17% increase over the previous level on December 11

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[–] NOT_RICK 14 points 1 month ago (5 children)

I’d imagine this will lead to more gallium mining outside of China ramping up, but I’m not sure.

[–] [email protected] 18 points 1 month ago (1 children)

You'd think, but its easier to just charge an extra 20% and then blame China while pocketing the extra 3%.

We wont start mining for rare earth metals until they simply refuse to sell to us.

[–] avieshek 3 points 1 month ago

Cheap labour followed by infrastructure if not (kinda corrupt system) government is also a thing.

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