
In total, 44 companies will be granted licenses to export silver over the two years of 2026 and 2027, along with several other licenses for tungsten and antimony. Immediately after the licensing list was announced, Tesla CEO Elon Musk stated that this would be bad news for many industries, including electric vehicles.
Last year, China also tightened export controls on many key mineral commodities, most notably rare earth elements.
Despite causing concern, this move by China does not seem to have affected the precious metals market in the short term. Silver prices ended the final trading session of 2025 down sharply by more than 7%, standing at just over $71 per ounce, after briefly reaching $80 earlier in the week. Gold prices also fell by about 0.7% in this session.
According to official data compiled by Wind Information, in the first 11 months of the year, China exported more than 4,600 tons of silver, significantly higher than the approximately 220 tons of silver imported during the same period.
The European Union Chamber of Commerce in China said that in a quick survey conducted in November, the majority of its member businesses indicated they had been or expected to be affected by these Chinese export control measures.
Last November, the U.S. added silver to its list of essential minerals, citing its use in electrical circuits, batteries, solar panels, and antibacterial medical devices.
A separate US report indicated that China was one of the world's largest silver producers in 2024, and also possessed very large reserves.
According to official data compiled by Wind Information, in the first 11 months of 2025, China exported more than 4,600 tons of silver, significantly higher than the approximately 220 tons of silver imported during the same period.
The restrictions on silver exports were imposed at a time when concerns about the metal have increased sharply in recent weeks.
Source: https://vtv.vn/trung-quoc-siet-chat-xuat-khau-bac-100260101093933664.htm










