Canadian miners use China’s rare metals ban to push back on Trump tariffs

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1. China’s recent ban on exports of rare metals, including gallium and germanium, to the United States highlights the importance of trade cooperation between Canada and the U.S. The Mining Association of Canada emphasized that this decision reflects the challenges posed by geopolitical tensions on the supply of critical minerals. The association’s president warned that imposing tariffs on Canadian mineral exports could disrupt essential supply chains and undermine North American industry competitiveness. In 2022, over half of Canada’s mineral exports, valued at more than $80 billion, were sent to the U.S. In response to the export ban, Teck Resources Ltd. is exploring ways to increase its germanium production, as the metal is vital for various technologies, including fiber optics and solar cells.

2. Canada should also ban rare earth exports to the U.S. unless the proposed tariffs are cancelled

3. Kind of expected, considering (basically) the same thing happened during Trumps last presidency, but it’s a bit surprising it’s happening so quickly…

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