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this post was submitted on 06 Oct 2024
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It also totally shut down the only supply for high quality quartz in the world. Like literally every electronic device that requires a silicon chip is dependent on those 2 mines in Spruce Pine.
It's wild how so much of the worlds critical raw material is still extracted in the most chronically impoverished parts of Appalachia.
does china really not have its own source?
They've identified it as a critical resource (as has a number of other countries - Australia has a few startups to commence mining it)
https://www.technologyreview.com/2023/09/13/1079377/china-clean-tech-supply-chain/
It is possible to refine lower quality quartz into higher quality quartz but it is very energy intensive.
The entire global market is only $1 billion so that's part of the reason why there hasn't been much competition.