China has reported new deposits of high-purity quartz that could have a significant impact on the international semiconductor and solar panel markets.
Importance of High-Purity Quartz
High-purity quartz is a crucial component in both the solar and semiconductor industries. It is used to make the inner layer in crucibles that produce ultra-refined polysilicon wafers.
Announcement of Discovery and Its Implications
The Chinese Ministry of Natural Resources announced the discovery of new deposits in central and western China. The announcement came shortly after the government implemented a ban on the export of several rare earth materials, which could secure new resources for its high-tech industry.
Rare Earths and the Trade War with the U.S.
China is using rare earths as leverage in the trade war with the U.S. Being the world's largest supplier of these minerals, the new export control measures could disrupt the market. In response to U.S. tariffs, China plans to tighten controls on the exports of seven types of rare earth elements.
The discovery of new high-purity quartz deposits strengthens China's position in the global technology market and may alter the balance of power in trade relations with the U.S.
