If the US is going to supercharge its production of electric vehicles and their batteries, it’s going to need a lot more graphite.
Graphite is a key battery component, and currently, much of the supply comes from China — particularly when it comes to the highly processed form used in electric vehicles (EV).
Amid increasing tensions, the Chinese government placed new export controls on shipments of graphite on Dec. 1. And the recent move is getting attention in North America, where companies are eyeing graphite deposits that could feed the domestic supply chain.
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