By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Markets > Commodities > Factbox: China’s major germanium and gallium producers
Commodities

Factbox: China’s major germanium and gallium producers

News Room
Last updated: 2023/07/07 at 1:38 PM
By News Room
Share
4 Min Read
SHARE

BEIJING (Reuters) – China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products, metals used in computer chips and other products, citing national security interests.

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.

Output of both metals rose 16% in 2022, the firm says.

Here are some facts about major germanium and gallium producers in China.

YUNNAN GERMANIUM, AN ESTABLISHED PRODUCER

Headquartered in southwest China’s Yunnan province, Yunnan Lincang Xinyuan Germanium Industry Co. Ltd. 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.

The company, which saw its shares hit the upper trading limit three days in a row since Monday, reported a net loss of 62.4 million yuan ($8.62 million) in 2022, citing falling prices amid dwindling demand at home and abroad.

YUNNAN CHIHONG, A GROWING GERMANIUM PRODUCER

Yunnan Chihong Zinc & Germanium Co, a subsidiary of state giant Aluminum Corporation of China (Chinalco), says it is China’s top producer of primary germanium, with output of 56 metric tons of germanium products in 2022.

It has proven germanium resources linked to lead and zinc ores of over 600 metric tons, accounting for around 17% of the country’s total, it says.

The company’s main business is producing zinc, lead, silver, gold and other products but it increased germanium production by almost 10 tons last year.

It also started a production line for optical fiber ultra-high purity germanium tetrachloride, with annual output of 30 metric tons.

CHINALCO, A MAJOR GALLIUM PRODUCER

State 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.

Chinalco Chairman Duan Xiangdong said in April the company aims to “nurture” leading minor metal companies, according to a statement on its website that did not provide further details.

OTHER GALLIUM PRODUCERS

Shanghai-based aluminium and alumina producer East Hope, Zhuzhou Keneng New Material Co Ltd based in Zhuzhou in central China’s Hunan province and Zhuhai Fangyuan based in southern Guangdong province also make the metal.

Shanxi province-based Xiaoyi Xingan Gallium Industry Co. Ltd is a joint venture between Xiaoyi Xing’an Chemical Co. and Nanjing Jinmei Gallium Industry Co. Ltd., a subsidiary of U.S.-based semiconductor wafer maker AXT (NASDAQ:) Inc.

China is the world’s top aluminium producer and gallium is made during the processing of alumina into aluminium.

($1 = 7.2355 renminbi)

Read the full article here

News Room July 7, 2023 July 7, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Tesla bull Dan Ives talks why he’s still bullish, AT&T COO talks wireless competition

Watch full video on YouTube

Why The U.S. Is Running Out Of Explosives

Watch full video on YouTube

REX American Resources Corporation 2026 Q3 – Results – Earnings Call Presentation (NYSE:REX) 2025-12-05

This article was written byFollowSeeking Alpha's transcripts team is responsible for the…

AI won’t take your job – but someone using it will

Watch full video on YouTube

Could Crypto-Backed Mortgages Put The U.S. Housing Market At Risk?

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Commodities

Russia mulls extra tax for some commodities exports, including metals – sources

By News Room
Commodities

Gold prices tumble as Fed talks higher rates

By News Room
Commodities

Crude oil prices endure downturn amid U.S. interest rate hike anticipation

By News Room
Commodities

China approves export licences for chip materials gallium, germanium

By News Room
Commodities

European energy crisis: ECB, IEA and EIB to strategize on systematic transition amid soaring prices

By News Room
Commodities

Federal Reserve interest rate signals prompt oil price dip

By News Room
Commodities

Oil prices inch closer to $100 per barrel amid inflation concerns

By News Room
Commodities

Brent Crude Prices May Hit $120 per Barrel, Warns JPMorgan

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?