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South Korea looking to Africa to secure graphite as China tightens export controls | Forexlive

China is restricting exports of graphite:

South Korean firms are instead chasing down leads in African countries to secure graphite, a key material used in electric-vehicle batteries.

Chinawill place graphite deemed highly sensitive under “dual-use item” export controls starting December 1.

China is the world’s largest producer of graphite.

Graph via Bloomberg: