Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (74442)	8/6/2019 3:37:29 PM
From: Elroy Jetson	Read Replies (1) of 74559

China's latest preposterous lie is they have almost all of the world's gallium production. It's another sad example of how the warmongering lunatics in China have convinced themselves they have the world economy under their control by offering to sell metals below the price of competitors by operating environmentally catastrophic mining and smelting operations. By itself gallium is a messy toy, and used as an alloy in thermometers to replace mercury. But Gallium Arsenide chips were created for the US military in 1973, because electrons run five times faster than through silicon. The first consumer use was in 1978 to create MOFSET chips for air conditioners. Although gallium is cheap at $90 a pound and readily available, gallium arsenide chips, although much cheaper than in 1973 are still more costly than silicon to produce. There are no gallium mines in the world. All gallium is produced as a byproduct of smelting aluminum, zinc or copper.

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