His goal: to challenge China’s dominance over the world’s supply of a critical mineral used in everything from electric vehicles to submarine hulls. Backed by more than a hundred million dollars of U.S. government financing, Verner and his Australia-based company, Syrah Resources, opened the Mozambique mine and built a graphite-processing plant in Louisiana, the first…
A day after US President Joe Biden warned that Donald Trump’s plan for higher tariffs would be a “major mistake”, his own administration has levied costly new tariffs on imports of critical materials from China. The office of the US trade representative on Wednesday announced that import taxes for solar wafers and polysilicon, an essential…
A Chinese state-owned company has reported a breakthrough in the mass production of almost 100 per cent pure graphite. The feat is expected to consolidate China’s global leadership in producing the strategic material seen as a vital weapon in the country’s hi-tech war with the West. Science and Technology Daily reported on Tuesday that China…