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China Limits Exports of Graphite to Counter U.S. Technology Restrictions

Graphite is now the third critical resource used to manufacture electric vehicle batteries that China will restrict exports to certain countries.

The Chinese government announced it will soon restrict the export of three grades of graphite, a key ingredient in EV batteries and nuclear power plants, in retaliation for U.S.-led restrictions on technology sales to Chinese companies.

China’s Ministry of Commerce and the Customs Administration said in a joint statement on Friday that the new export controls will go into effect on December 1st and were introduced on “national security” grounds.

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