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Critical Minerals Supply Chain at Risk: How China's Export Policies Could Impact Global Markets

Newswire.ca - Tue Sep 3, 9:09AM CDT

USA News Group Commentary
Issued on behalf of Troy Minerals Inc.

VANCOUVER, BC, Sept. 3, 2024 /CNW/ -- USA News Group – Experts in the critical minerals space are sounding the alarm that recent changes to China's export controls could have serious global critical supply chain implications. While the changes directly will impact the tungsten market, mining strategists worry that it's a confrontational signal for potentially more to come. The ripple effect could make things worse, as a recent report from the Federation of American Scientists states that the United States will need to use ten times more critical minerals than it currently does to achieve its clean energy transition. Players in the mining sector are working to improve the chances for countries outside of China to compete in the critical minerals market, including updates from exploration and mining companies such as Troy Minerals Inc. (CSE: TROY) (OTCQB: TROYF), United States Antimony Corporation (USAC) (NYSE-American: UAMY), Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA), Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV:ELBM), and MP Materials Corp. (NYSE: MP).

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