On June 12, at the 2025 SMM (13th) Minor Metal Industry Conference - Main Forum, hosted by Shandong Humon Smelting Co., Ltd. and SMM Information & Technology Co., Ltd., Zhao Wuzhuang, former Deputy Director of the Policy Research Office of the China Nonferrous Metals Industry Association, shared the topic of "Export Controls on Dual-Use Items" with the attendees. He stated that in the past two years, the Chinese government, in accordance with international legal documents such as the conventions on the prohibition of nuclear proliferation and weapons of mass destruction, as well as the management catalog of dual-use items established by these conventions, has introduced measures to strengthen export controls on rare and scattered metals such as indium, germanium, and gallium. As of now, China has implemented export controls on 15 nonferrous metals classified as dual-use items, including four rare and scattered metals (indium, gallium, germanium, and tellurium), four rare metals (tungsten, molybdenum, antimony, and bismuth), and seven rare earth metals (samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium).

[China Remains Peru's Largest Copper Exporter] According to a report on the BNAmericas website, driven by the mining sector, Peru's exports rebounded in Q1. Data from the Ministry of Foreign Trade and Tourism of Peru showed that copper, gold, and zinc were the main factors contributing to the growth in mineral exports. In February, affected by shrinking demand, Peru's copper exports decreased by 0.4% YoY. However, in March, Peru's copper export value reached $2.58 billion, up 24.7%; in Q1, the cumulative copper export value was $6.62 billion, up 23%. (Webstock Inc.)

According to a report on the BNAmericas website, driven by the mining sector, Peru's exports rebounded in Q1. Data from Peru's Ministry of Foreign Trade and Tourism showed that copper, gold, and zinc were the main factors contributing to the growth in mineral exports. In February, due to shrinking demand, Peru's copper exports fell 0.4% YoY. However, in March, Peru's copper export value reached $2.58 billion, up 24.7% YoY. In Q1, the cumulative copper export value was $6.62 billion, up 23% YoY. In March, Peru's gold export value was $1.53 billion, up 65% YoY. In Q1, the export value was $4.17 billion, up 53.7% YoY. In Q1, Peru's total export value of mineral products (metals and non-metals) was $13.3 billion, up 29.1% from $10.3 billion in the same period of 2024. During the same period, Peru's total merchandise export value was $20.6 billion, up 27.3% YoY. China remained Peru's main export destination for copper. In Q1, Peru's copper exports to China were $4.88 billion, up 22.8% YoY. Meanwhile, Peru exported $673 million worth of copper to Europe, followed by Japan ($407 million), South Korea ($237 million), and Brazil ($166 million). Canada was Peru's main export destination for gold, with an export value of $811 million in Q1, followed by India ($691 million) and Switzerland ($613 million).

【The Democratic Republic of Congo and Zambia Agree to Reopen the Kasumbalesa Border】 In July this year, the DRC's Ministry of Foreign Trade announced a one-year suspension on the import of products such as beverages and beer to protect the local economy and jobs. This move subsequently triggered protests by transporters in the border region between Congo and Zambia. According to a Bloomberg report on August 11, the Zambian government announced over the weekend that it had temporarily closed its border with the Democratic Republic of Congo, a measure that could delay exports from Africa's largest copper producer. On the evening of August 12, the DRC and Zambia agreed to reopen the border post recently closed by Zambia during a bilateral ministerial meeting held in Lubumbashi, the capital of Haut-Katanga province in southeastern DRC. Zambia and the Democratic Republic of Congo ultimately agreed to reopen their shared border at Kasumbalesa. Both parties not only agreed to reopen the border but also to facilitate the free movement of goods. According to a communiqué issued at the end of the meeting, the foreign trade ministers of the Democratic Republic of Congo and Zambia established a joint committee to manage safeguard measures. The meeting also agreed to grant a 30-day special exemption to facilitate the transition, allowing relevant parties to adapt to the new regulations.