U.S. Battery Manufacturing and Graphite Curbs

Senators urge U.S. battery manufacturing and research to combat China's dominance in the sector, highlighting the need for domestic supply chains and the potential for growth in North America. China's restrictive graphite exports raise uncertainty in the global EV battery supply chain, with some companies transitioning to synthetic graphite and others expecting increased demand for natural graphite from buyers outside China. Additionally, a $650-million battery materials plant in North Carolina by Epsilon Advanced Materials aims to meet the growing demand for EV battery components, including synthetic graphite, locally.