Honey Badger Silver flags germanium supply-chain tightness as China export controls reshape market

• Honey Badger Silver published a market analysis flagging tightening global germanium supply, driven by China’s dominant production and 2023 export controls.
• Germanium supply seen as structurally inflexible because output is mostly a zinc by-product, limiting rapid production increases when prices rise.
• Western governments are moving to diversify supply, including Canada’s plan for up to C$ 400 million at Teck’s Trail smelter.
• US funding of up to US$ 4.5 billion for Korea Zinc’s Tennessee complex underscores a push to expand non-China refining capacity.
• Research at Honey Badger’s PC Silver Mine reported whole-rock assays up to 316 ppm germanium, though no resource has been defined.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Honey Badger Silver Inc. published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.