Beijing's move to restrict graphite exports will have a disproportionate impact on foreign makers of electric vehicle battery components who have not yet...
SHANGHAI - Beijing's move to restrict graphite exports will have a disproportionate impact on foreign makers of electric vehicle battery components who have not yet shifted to using as much synthetic material as Chinese counterparts, industry insiders and experts said.
Japan, South Korea and the United States are top buyers of both natural and synthetic Chinese graphite, and analysts warned the new measures could slow or reduce graphite supplies needed by companies there to produce anodes - the negative electrodes of EV batteries. "We haven't got any instructions from MOFCOM on how to apply for export permits but it will definitely make the exporting process more inconvenient," the person said.China's recent move to require export permits for gallium and germanium products has choked off international shipments of the chipmaking metals.
Ningbo Shanshan, another leading Chinese anode maker, told The Paper that the restrictions would have no impact on its exports of artificial graphite products.
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