https://www.linkedin.com/posts/gracelinbaskaran_adding-a-critical-minerals-agreement-to-the-activity-7160661355262279682-mAOA?utm_source=share&utm_medium=member_ios
AGOA-beneficiary countries have rich reserves of minerals that the United States has historically relied on China for. For example, China has historically dominated graphite production—in 2021, it produced 79 percent of the world’s supply. The United States has less than 1 percent of the world’s graphite reserves. The precarity of the graphite supply chain came into focus in October 2023, when China banned graphite exports. Three AGOA beneficiaries—Madagascar, Mozambique, and Tanzania—have significant reserves of graphite. Taken together, they have roughly the same amount of graphite as China and could offer alternative supply to the new graphite processing facility funded by the Department of Energy in Louisiana.
…. Credits to German EGR Forum once again.
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