Lugano, Switzerland, October 24, 2023 - The latest news by TELF AG, which appeared online with the title “TELF AG comments on some dynamics in the global graphite market”, focuses on some peculiar dynamics of the global graphite market, an of indispensable usefulness for the manufacturing of electric vehicles, following the announcement by China of the introduction of new regulations aimed at containing exports and activating some specific control measures for the quantities of raw materials exported.
The piece highlights the fact that China, over the past few months, had adopted similar initiatives for two other raw materials, gallium and germanium, significantly influencing their market performance and the flows of their global supplies.
The effects of this decision, as stated in the text, do nothing but confirm the absolutely dominant role assumed by Beijing in the raw materials sector, which nowadays places it as one of the few global economic powers (along only with the United) capable of determining the trend of this market also through individual decisions regarding a single raw material, just as has now happened with graphite (and previously with gallium and germanium). In addition to this capacity, as stated in the text, China can count on extremely high levels of production and refining and on the clear political will (expressed in recent years by the authorities) to focus forcefully on the extraction sector mining and raw materials, in the full knowledge that these materials will be able to lead the world towards completing the sustainable change.
The publication then focuses on the particular role of graphite, of which China is the main global supplier. This material has a decisive weight in the functioning and creation of electric vehicles, so much so that in each vehicle, there is between 50 and 100 kg (more than double that of lithium). The text also mentions other important data that confirm the overall incidence of graphite in these vehicles, calculated at a percentage greater than 30%, much higher than that of lithium and cobalt.
Among the most foreseeable effects of this decision, as stated in the text, are an increase in the prices of the raw material and a rush to purchase it before the rule comes into force. To find out more, we advise readers to read the full publication.
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