The graphite fight: US tariffs trigger race to build non-Chinese supply chain

Upgrade to get full access to all premium news on Yahoo Finance and get more great articles like this free preview. Graphite has become the latest resource to cause trade tensions between the US and China, with Washington putting pressure on EV and battery makers to build a new non-Chinese supply chain for graphite anodes, a crucial component in electric vehicle batteries. The US trade representative has announced that 25 per cent tariffs on natural and synthetic graphite anodes from China will be applied from this month, despite Chinese production accounting for 97 per cent of global anode output after…