China, world’s top graphite producer, to curb exports of key battery material
The Hindu
China requires export permits for graphite to protect nationall security. Permits required for 2 types of graphite, 5 less sensitive items dropped
China said on Friday it will require export permits for some graphite products to protect national security, in its latest move to control supplies of critical minerals in response to challenges over its global manufacturing dominance.
China is the world’s top graphite producer and exporter. It also refines more than 90% of the world’s graphite into the material that is used in virtually all EV battery anodes, which is the negatively charged portion of a battery.
Beijing is requiring the export permits at a time when many foreign governments are increasing their pressure on Chinese companies over their industrial practices.
The European Union is weighing levying tariffs on Chinese-made EVs, arguing they unfairly benefit from subsidies. Also, the U.S. government earlier this week widened curbs on Chinese companies’ access to semiconductors, including stopping sales of more advanced artificial intelligence chips made by Nvidia.
China’s commerce ministry said the move was “conducive to ensuring the security and stability of the global supply chain and industrial chain, and conducive to better safeguarding national security and interests.”
It added that it was not targetting any specific country. Top buyers of graphite from China include Japan, the United States, India and South Korea, according to Chinese customs data.
Under the new restrictions, China will require as of Dec. 1 that exporters apply for permits to ship two types of graphite, including high-purity, high-hardness and high intensity synthetic graphite material, and natural flake graphite and its products.
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