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: