China, world's top graphite producer to curb exports of key battery material

China has imposed new export restrictions on certain graphite products used in electric vehicle (EV) batteries, citing national security concerns.
These measures coincide with increased global pressure on Chinese companies due to allegations of unfair trade practices.
The restrictions require exporters to obtain permits for specific types of graphite, effective from December 1. These include high-purity synthetic graphite and natural flake graphite and related products.
China emphasized that these measures are intended to safeguard national security, global supply chain stability, and industrial chain security and do not target any specific country.
The restrictions could impact the supply of materials for EVs, with rising demand from new energy companies establishing plants overseas.
While the immediate impact on industries remains unclear, graphite prices may increase due to supply and demand imbalances, especially considering China’s reduced natural graphite mining in recent years.

China, world’s top graphite producer to curb exports of key battery material