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SINGAPORE/LONDON, Oct 20 - China will require export permits for some graphite products to protect national security, its commerce ministry said on Friday, in its latest move to control supplies of critical minerals in response to challenges over its manufacturing dominance.IVAN LAM, SENIOR ANALYST, COUNTERPOINT RESEARCH:
"However, this control is not a complete ban, and there has been no significant impact on any industry during the previous temporary control.""It would be a bold step to cut off the world from graphite because I think the Chinese know that would bring EVs to a halt everywhere and probably would create escalation rather than de-escalation of some of the trade disputes going on with China - between the EU and China, between the US and China.
“This is straight from China’s commodities playbook, and a direct response to moves in the West to legislate a move away from the country.”
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