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LiberalArkie

(19,477 posts)
8. China implemented export controls on Jan 1, 2026 on precious metals.
Wed Feb 4, 2026, 04:40 PM
Wednesday
https://www.cnbc.com/2025/12/31/china-silver-export-controls-2026-us-economy-prices-rare-earths-critical-minerals-xag-metals.html

US and a lot of countries sent all their mined silver, gold etc to China because it is a very noxious process to refine silver (refined silver is 0.9999% silver). They did not want the environmental problems doing it.

GFN – WASHINGTON: Korea Zinc plans a $7.4 billion investment to construct a large-scale non-ferrous metals smelter in Clarksville, Tennessee, a project U.S. officials say will materially expand domestic critical minerals processing capacity and strengthen supply chain security.1

https://www.scottsdalemint.com/articles/2026/u-s-secures-silver-smelter-deal-to-process-latam-metals/

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