{"id":2074804,"date":"2023-10-21T05:08:02","date_gmt":"2023-10-21T09:08:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-strikes-back-with-restrictions-on-mineral-critical-to-biden-ev-push\/"},"modified":"2023-10-21T05:10:52","modified_gmt":"2023-10-21T09:10:52","slug":"china-strikes-back-with-restrictions-on-mineral-critical-to-biden-ev-push","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-strikes-back-with-restrictions-on-mineral-critical-to-biden-ev-push\/","title":{"rendered":"China retaliates with mineral restrictions crucial to Biden&#8217;s EV agenda."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchina-strikes-back-with-restrictions-on-mineral-critical-to-biden-ev-push%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2074804&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>China\u200d to Restrict Graphite Exports,\u200c Posing a \u200cThreat to Biden&#8217;s \u200cElectric Vehicle Goals<\/h2>\n<p>China\u2064 has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/thank-god-there-wasnt-a-twitter-meghan-mccain-admits-she-was-really-stupid-when-she-was-younger\/\" title=\"\u2018Thank God There Wasn\u2019t A Twitter\u2019: Meghan McCain Admits She Was \u2018Really Stupid\u2019 When She Was Younger\">recently announced plans<\/a> to impose restrictions \u2064on the export of graphite, a crucial \u200bcomponent in \u200dthe\u2063 production of electric vehicle (EV) batteries,\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/poll-even-zoomers-want-tiktok-banned\/\" title=\"Poll: Even Zoomers Want TikTok Banned\">citing national security concerns<\/a>. This move directly challenges President Joe Biden&#8217;s ambitious plans to electrify the U.S. car fleet.<\/p>\n<p>The \u200cnew regulations, \u2062set \u2062to take effect in December, will require export permits for \u2063both artificial and natural\u2062 graphite, including high-purity, high-strength, and high-density materials. This announcement\u200c comes shortly after the United States imposed additional limitations on the sale of certain semiconductors to Chinese \u200ccompanies.<\/p>\n<p>China \u200ccurrently dominates the global \u200bgraphite market, accounting for\u2063 approximately 65% of total production. Graphite is \u200can essential material used in EV battery\u2063 anodes, which are responsible\u2062 for the battery&#8217;s negative charge.<\/p>\n<blockquote>\n<p>&#8220;This move is also very much a reminder to\u200d the world, &#8216;Hey, you are reliant\u2064 on us for graphite and for anodes, and we&#8217;re not going \u2063anywhere,'&#8221; said Tom Moerenhout, a research scholar at Columbia \u2062University&#8217;s Center on Global Energy\u200c Policy. &#8220;It&#8217;s really just flexing a muscle \u2014 that&#8217;s basically\u200c what&#8217;s happening.&#8221;<\/p>\n<\/blockquote>\n<p>This development could further escalate the already\u2062 tense\u2063 trade war between the United States and China,\u200b which has \u2064been characterized by disputes over\u200b access\u200c to \u200ccomputer chips and\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/japan-exports-fall-for-first-time-since-2021-stoking-concerns-about-outlook\/\" title=\"Japan's exports decline, raising concerns about future prospects.\">chip-making\u2062 equipment<\/a>. The impact of these \u200cnew regulations will \u200blargely depend on the strictness of China&#8217;s licensing requirements\u2064 in the \u2064coming months.<\/p>\n<blockquote>\n<p>&#8220;In terms of the severity of how bad things could get, \u200dwe haven&#8217;t even scratched \u2062the surface, given the\u200b degree to which we\u200d have \u2064made ourselves beholden to China for these minerals that we need,&#8221; warned Tristan Abbey, a director of energy and environment at the \u2064National Security Council during the Trump administration.<\/p>\n<\/blockquote>\n<p>China has previously imposed export restrictions on other\u2063 minerals, \u2064such as gallium and \u200bgermanium, resulting in a complete halt\u200d in their export. In response, the Biden \u2064administration recently announced additional limits on the \u200dsale\u200c of \u200badvanced\u200d semiconductors by American firms, specifically targeting shipments to Chinese data centers.<\/p>\n<p>The timing\u2063 of these recent\u200d developments \u200dis crucial, as they coincide with other\u200b decisions that\u200d will impact supply chains. The Treasury \u200dDepartment is expected to release finalized rules regarding the Inflation Reduction Act, which aims to shift supply chains away from China and towards the United States or its allies. These rules state that vehicles seeking \u2062EV tax credits cannot have battery\u200c components assembled in \u200dnon-allied\u200b countries, including China.<\/p>\n<p>However, these provisions have raised \u2062concerns among automakers\u200b who heavily rely on China for their critical mineral\u200b supply.<\/p>\n<blockquote>\n<p>&#8220;The big\u200b difficulty is that they&#8217;re always going to harm one industry,&#8221; explained Moerenhout.\u2064 &#8220;There is no &#8216;foreign\u200c entity of concern&#8217; implementation guideline that&#8217;s going to satisfy everyone. It just doesn&#8217;t exist.&#8221;<\/p>\n<\/blockquote>\n<p>The finalized guidelines are \u200bexpected to be released before the end of the\u200b year.<\/p>\n<p> <\/p>\n<h2> What are\u2064 the potential consequences of a shortage of graphite for the production and availability of \u2063electric vehicles?<\/h2>\n<p><span>  Has raised concerns for the Biden administration, which has \u200bset an ambitious goal of reaching net-zero greenhouse gas emissions by 2050. \u2062To achieve this, the administration has been actively promoting the \u200cadoption of \u2062electric vehicles as a \u200bkey strategy in reducing carbon emissions from transportation.<\/p>\n<p>The restriction on graphite exports by China poses a significant\u2063 threat to Biden&#8217;s electric vehicle goals. Graphite is a critical component in EV batteries, and any disruption \u200cin the supply chain could hinder the production and availability of electric vehicles. With China dominating\u2062 the global graphite market, the restriction on exports \u200bcould lead to a shortage of this crucial material.<\/p>\n<p>The impact of this restriction goes beyond just the production of EV batteries. Graphite\u200b is \u200balso \u2064used in a range of other\u2063 industries, including aerospace, defense, and consumer electronics. This means that the restriction on exports has the potential to affect various sectors of the global economy.<\/p>\n<p>Furthermore, China&#8217;s move to restrict graphite exports is not\u2064 an isolated \u2064incident. \u200dIt comes in the\u2063 context of an ongoing trade war\u200d between the United States and China,\u2062 where both countries have been \u200cimposing\u200b tariffs and restrictions on various goods and materials. This latest development further escalates tensions between the two nations and adds a new dimension to their economic rivalry.<\/p>\n<p>To mitigate the impact\u200c of \u200cChina&#8217;s restriction on graphite exports, the Biden administration will need \u200dto seek alternative sources for this crucial material. This could <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-strikes-back-with-restrictions-on-mineral-critical-to-biden-ev-push\/\" title=\"China retaliates with mineral restrictions crucial to Biden's EV agenda.\">involve encouraging domestic graphite \u200cproduction<\/a> or exploring partnerships with other graphite-producing countries. Additionally, the administration could prioritize research and development \u200defforts to find alternative materials\u2062 for EV batteries that are not reliant on graphite.<\/p>\n<p>In conclusion,\u200d China&#8217;s decision to restrict graphite exports \u2064poses a significant threat to Biden&#8217;s electric vehicle goals. With China\u2063 dominating the global \u2064graphite market, any disruption in the supply chain could\u2063 hinder the production and availability of electric vehicles. The Biden administration will need to actively\u2064 address this challenge by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-hosts-100000-a-plate-fundraiser-to-help-giuliani-with-legal-bills\/\" title=\"Trump holds high-priced fundraiser to assist Giuliani's legal expenses.\">seeking alternative sources<\/a> of graphite and investing in \u200dresearch and development efforts for alternative battery materials. \u200cFailure to do so could undermine the administration&#8217;s efforts to decarbonize the transportation sector and achieve its climate goals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s Ministry of Commerce and General Administration of Customs revealed intentions to limit graphite exports, a crucial component for electric vehicle batteries, citing national security concerns. This move poses a challenge to President Biden&#8217;s objective of electrifying the American car fleet. The House GOP Conference has voted in response.<\/p>\n","protected":false},"author":1,"featured_media":2074805,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2074804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2074804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2074804"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2074804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2074805"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2074804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2074804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2074804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}