00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk warned about the potential impact of China's planned restrictions on silver exports.
00:08He was responding on X to a post discussing new licensing requirements
00:11set to take effect January 1, 2026.
00:15Musk said the move is not good, noting that silver is needed in many industrial processes.
00:21Silver is a key material in electronics, medicine, and renewable energy
00:25due to its high electrical and thermal conductivity and chemical stability.
00:30China's planned silver export restrictions could disrupt global supply chains,
00:34drive up prices, and raise production costs across multiple industries.
00:38Musk's comments drew attention to the role silver plays across industries
00:41and the risks posed by tighter export controls.
00:44For all things money, visit Benzinga.com.
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