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China restricts export of graphite products required for EV batteries

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Content Team
Image Credit: ts2.space

China's commerce ministry has announced that starting December 1, export permits will be needed for specific graphite products to safeguard national security. As the world's top producer of graphite, China plays a vital role in the electric vehicle (EV) battery industry. In fact, the country supplies 67% of the world's natural graphite and refines over 90% of it into material used in almost all EV battery anodes, according to the US Geological Survey.