New Chinese language export restrictions on one of the crucial crucial minerals for the vitality transition can spur an efficient enterprise response, in accordance with two Western producers of pure graphite.
Customs authorities in Beijing introduced on Friday that the nation would require particular export permits for 3 grades of graphite from 1 December, on grounds of “safeguarding nationwide safety pursuits”.
China produces the overwhelming majority of the world’s pure graphite at the moment used for anodes in lithium-ion batteries — and was additionally accountable for virtually 70% of the world’s artificial graphite final yr, in accordance with Benchmark Mineral Intelligence — however US-led restrictions on know-how gross sales to Chinese language firms have led to a ratcheting up of geopolitical tensions in current months, and a…
