As China moved to control some exports of key battery mineral graphite on Friday (Oct 20), miners elsewhere face a race against time to bring new projects to fruition to secure su
Graphite powder, used for battery paste, is pictured in a Volkswagen pilot line for battery cell production in Salzgitter, Germany, May 18, 2022. As China moved to control some exports of key battery mineral graphite on Friday
The world's top graphite producer and exporter also refines more than 90 per cent of the material used in virtually all electric vehicles battery anodes, which is the negatively charged portion of a battery. "What China is saying to the West with this decision is that we are not going to help you make electric cars, you have to find your own way to do that," Northern Graphite CEO Hugues Jacquemin said."We see China's move as a potential catalyst to highlight the urgency of improving domestic graphite supply," said John DeMaio, president of Graphex's graphene division.
Commodity-producing and consuming giant China dominates other critical minerals including forms of refined cobalt, nickel and manganese as well as rare earths, a group of 17 elements used in products from lasers and military equipment to magnets found in electric vehicles, wind turbines, and consumer electronics such as iPhones.
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