China to require export permits on some graphite products from Dec 1

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China to require export permits on some graphite products from Dec 1
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China will require export permits for some graphite products from Dec. 1 to protect national security, the commerce ministry said on Friday, in the latest move to control supplies of critical raw materials.

Graphite is used in batteries for electric vehicles and China is the world's top producer, producing 67% of global supplies, according to the U.S. Geological Survey.Under the new restrictions, China will require buyers of three types of "highly sensitive" graphite items to apply for permits.

The curbs are similar to those in place since Aug. 1 for two chip-making metals, gallium and germanium. The restrictions have slashed exports of the metals from China in recent months.Haitian gangs run schools, clinics and foundations in place of an increasingly absent government, even as their criminal rackets help gang leaders amass funds and afford luxury homes with swimming pools in the hemisphere's poorest country.

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