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Transcripts For BBCNEWS Talking 20240704

You know, an iphone sold in the us or europe might be designed in california and built in india using Semiconductors Made in taiwan from Raw Materials provided by china. So if any link in that supply chain breaks, it sets up big problems for the rest of the chain. And thats true for smartphones, as it is for pcs, and especially in Battery Production for those Electric Vehicles were buying more and more of. So what if one country decides to make it harderfor others to get hold of some of those critical Raw Materials . Well, thats what china announced just last month. Translation the Chinese Government implements i Export Controls on gallium and germanium related items in accordance with the law to ensure that they are used for legitimate purposes in order to safeguard National Security and better fulfil our international obligations. For quite some time now, the us side has been abusing Export Control measures to continuously strengthen its crackdown on chinas semiconductors and artific

Transcripts for BBCNEWS Talking Business 20240604 23:34:00

powers, such as the eu, the us and china, are planting theirflag in places to secure a steady supply of critical raw materials. and today, that s china. why? because china, for two reasons, one, china has dominated the processing of these critical raw materials. so it offers a market to mining companies to export their product to china, where it will be processed. but that s not all. china is also dominating the manufacturing of end applications. so, for instance, your electric vehicle, your battery and your semiconductors. we ll see that the processing of these key raw materials takes place in a single country, which in itself is a big threat. well, my first guest is a man on a mission. he s been tasked with overseeing mineral security for the united states. he also leads the transnational mineral security partnership, known as the msp, which

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