Inside China Business No antimony from China means no artillery shells for NATO, Ukraine
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NATO arsenals are rapidly depleting, due to massive draws for wars in Ukraine and the Middle East. The German army now only has enough munitions on hand to sustain combat operations for two days.
Especially critical is the shortage of artillery shells. The United States and the EU have production orders for over 3 million shells. However, munitions factories are already far behind, and China’s recent export bans of certain rare earth elements, and of antimony, will make production of these munitions impossible in the short term.
Companies are scrambling to find investors to open new mining projects, and are careful to explain that these startup mining projects carry a great deal of risk: permitting, environmental reviews, and surveying can take years; and, the commercial viability will be in doubt, given price and production advantages from existing mines in BRICS countries.
Resources and links:
Substack for video transcript and direct links
Bundeswehr Official Explains How Germany Would Repel Russian Offensive With Two-Weeks’ Worth of Artillery Ammo
Defense One, It takes Europe at least a year to fill a Ukrainian order for artillery shells #main
Oil Price, America’s shortage of this metal keeps Trump awake at night
The U.S. Military and NATO Face Serious Risks of Mineral Shortages
America needs antimony for weapons and solar panels. The mining industry is looking to Alaska.
As America’s Military Rearms, It Needs Minerals—and Lots of Them
Explainer: What is antimony and why is China curbing its exports?
Microeconomics vs. Macroeconomics: An Overview
Forbes, Antimony: The Most Important Mineral You Never Heard Of
Global Antimony Shortage Is a Ticking Time Bomb for the U.S. Military
Closing scene, Beihai, Guangxi
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