BDI warns of commodity shortfall
The terminal is selectively''commodity''as already
Gallium is required, among other things, in the production of components for mobile phones.
German industry warns of a dramatic gap in the supply of commodities. ''The situation has deteriorated, the existence of some companies at risk,''said the president of the Federation of German Industries, Hans-Peter Keitel, the opening of the BDI-commodity-Congress in Berlin. Free access to raw materials is indispensable for German competitiveness. ''The situation has not improved but deteriorated,''said Keith. There was a risk that our manufacturing industries''go to where there are the raw materials on site,''said Keith.
Brüderle: Supply is up to the economics minister for economy Rainer Brüderle (FDP) and the Director of the World Trade Organisation (WTO), Pascal Lamy, calls for cooperation at the international level to ensure supplies. ''More clout we have with a joint international presence''Brüderle said at the conference. It would be best,''if we could reach agreement in the WTO rules to ensure a minimum level of competition in global commodity markets.'' The EU has launched very recently because of export restrictions on raw materials, a WTO case against China. ''We are eagerly awaiting the outcome of this process,''said Brüderle. Brüderle secured to the economy increased political support. But mainly stay in the commodity supply function of the economy.
''We do not want Handelskrieg''BDI Managing Director Werner Schnappauf said some companies had secured the supply of raw materials not already. The raw material is selectively''terminal''already there, Schnappauf said in Germany Kultur. Thus, the BDI getting from the photovoltaic industry reports that the rare earth lanthanum was no longer freely available. As a result, solar cells could not ultimately be produced in the extent to which the demand is. China had previously throttled exports of rare earths. It is abundantly clear that China has in recent years used the commodity policy targeted strategically. The Asian country now raise hundreds of export duties on raw materials among others. In total there are now more than 2,000 raw materials for export duties. This number had doubled within two years, more than. BDI chief Keitel but stressed the economy rely on cooperation, including with China:''We do not want a trade war,''said Keith.
Great importance to high LieferrisikoDie EU has classified 14 commodities as critical because they have high economic importance, especially for the high-tech industry and also difficult to obtain reliable. The substances are: antimony, beryllium, cobalt, fluorite, gallium, germanium, graphite, indium, magnesium, niobium, platinum group metals, rare earth, tantalum and tungsten. In most cases, there is a very high dependence on export markets such as China, Russia, Congo and Brazil. From China, for example, 65.1 percent of imports came from rare earths. The People's Republic also provided more than 70 percent of the electricity consumed in Germany amount of germanium, manganese, molybdenum, ferro tungsten, tungsten oxide and barite.
