China’s graphite curbs send green warning shot

📆 10/20/2023 12:08 PM
📰 Reuters

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China is hitting the West where it really hurts, or at least showing that it can. The People’s Republic announced on Friday it will impose export licence requirements on some graphite products that go into electric vehicle batteries. It's a tit for tat, following fresh U.S. curbs on chip exports.

With nearly all the global processing capacity of the iron black stuff in Chinese hands, global carmakers will struggle to diversify.

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