The article highlights five major critical mineral mines in North America—MP Materials’ Mountain Pass (rare earths), Albemarle’s Silver Peak (lithium), Teck’s Red Dog (zinc), Freeport’s Morenci (copper), and Northern Graphite’s Lac des Îles (graphite)—as part of efforts to reduce reliance on China. The U.S. and Canada are investing in domestic mining and supply chains to secure critical minerals for clean energy, defense, and tech industries.

The U.S. Department of Commerce imposed a 93.5% preliminary anti-dumping tariff on Chinese graphite imports, threatening to disrupt electric vehicle (EV) supply chains and escalate trade tensions. The move, backed by the U.S. Active Anode Material Producers Coalition, could raise battery costs by up to $7 per kilowatt-hour, potentially eroding tax incentives. Chinese export restrictions and U.S. domestic production efforts are reshaping the global battery industry.

U.S. Commerce Department announced 93.5% anti-dumping tariffs on Chinese anode-grade graphite imports, targeting unfair subsidies and reshaping the EV supply chain. Asian graphite and battery stocks surged as investors anticipated reduced reliance on Chinese suppliers, with South Korean, Australian, and Hong Kong companies seeing significant gains.

The Pyrolytic Graphite (PG) market for semiconductors is projected to grow from USD 40.74 Billion in 2024 to USD 60.0 Billion by 2032, driven by increasing semiconductor demand, technological advancements in PG production, and applications in power electronics, automotive, and 5G/AI sectors. Key players include Showa Denko, GrafTech International, and SGL Carbon, with Asia Pacific leading the market due to semiconductor hubs in Taiwan, South Korea, and China.

Focus Graphite's stock surged above its 200-day moving average amid increased market interest in graphite as a critical material for battery technologies. The company, operating in Canada's materials sector, reported progress in graphite exploration, permitting updates, and compliance with regulatory frameworks, aligning with broader sector trends in energy transition materials.