US Commerce Department imposes a 93.5% tariff on anode active materials imported from China

The U.S. Commerce Department has imposed a preliminary 93.5% anti-dumping tariff on Chinese anode-grade graphite imports, a vital ingredient used to make electric vehicle batteries. However, the tariff does not come into effect until December 5, 2025.  After news of the tariff went live on Friday, shares of non-Chinese graphite producers rallied. Australia-listed Syrah Resources, […]

Source: cryptopolitan.com (Read Full Article)