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Chinese Mining Companies Digest New U.S. Rules Aimed at Cutting Them Out of EV Supply Chain

Chinese mining executives at privately owned companies are breathing a sigh of relief that new U.S. regulations aimed at cutting them off the American EV supply chain aren’t as stringent as expected.

Earlier this month, the Biden administration unveiled a series of new rules specifically targeted at Chinese state-owned companies that supply U.S. automakers with materials needed to manufacture EV batteries.

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