China has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — on national security grounds, the Ministry of Commerce and the General Administration of Customs said Friday.
The announcement comes just days after the United States imposed additional limits on the kinds of semiconductors that American companies are able to sell to Chinese firms.
China, which dominates the world’s production and processing of graphite, says export permits will be needed, starting in December, for synthetic graphite material — including high-purity, high-strength and high-density versions — as well as for natural flake graphite.
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China has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — on national security grounds, the Ministry of Commerce and the General Administration of Customs said Friday.
The announcement comes just days after the United States imposed additional limits on the kinds of semiconductors that American companies are able to sell to Chinese firms.
“At the moment both China and Western countries are engaged in a tit for tat, highlighting how protectionist measures often spread.
Newton’s third law that every action causes a reaction applies here, too,” said Stefan Legge, head of tax and trade policy research at the University of St Gallen in Switzerland.
Global sales of EVs, including purely battery-powered vehicles and hybrids, are soaring, according to the International Energy Agency.
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