RNU renascor resources limited

Where will all the supply of graphite come from if China keeps...

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    Where will all the supply of graphite come from if China keeps all of it for itself

    Chinese President Xi Jinping has repeatedly stressed that the domestic hunt for resources is vital to “the national economy, people’s livelihoods, and national security”. China is a major producer, consumer and trader of mineral-based products.

    China aimed to improve its capabilities “to rapidly expand production in extreme situations”, the ministry said.

    Reserves of sylvite, commonly used for producing a chemical fertiliser to boost crop quality and yields, and thus considered crucial for food security, grew by 15.3 per cent to more than 332 million tonnes last year.

    Over the last year, Beijing has also tightened its grip on critical mineral shipments, including antimony, gallium, germanium and graphite, raising concerns in industries such as semiconductors, electric vehicles and defence, which rely heavily on the materials.


    https://www.scmp.com/news/china/science/article/3282988/china-fortifies-resource-security-strategic-mineral-energy-reserve-gains
 
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