China’s commerce ministry has proposed export restrictions on some expertise used to make battery parts and course of important minerals lithium and gallium, a doc issued on Thursday confirmed.
If applied, they might be the newest in a collection of export restrictions and bans focusing on important minerals and the expertise used to course of them, areas during which Beijing is globally dominant.
Their announcement precedes the inauguration later this month of Donald Trump for a second time period throughout which he’s anticipated to make use of tariffs and numerous commerce restrictions in opposition to different international locations, particularly China.
Adam Webb, head of battery uncooked supplies at consultancy Benchmark Mineral Intelligence, mentioned China’s proposals would assist the nation retain its 70 % grip on the worldwide processing of lithium into the fabric wanted to make electric vehicle (EV) batteries.
“These proposed measures can be a transfer to take care of this excessive market share and to safe lithium chemical manufacturing for China’s home battery provide chains,” he mentioned.
“Relying on the extent of export restrictions imposed, this might pose challenges for Western lithium producers hoping to make use of Chinese language expertise to supply lithium chemical substances.”
The proposed growth and revisions of restrictions on expertise used to extract and course of lithium or put together battery parts may additionally hinder the abroad growth plans of main Chinese language battery makers, together with CATL, Gotion and EVE Vitality.
Some applied sciences to extract gallium would even be restricted.
Thursday’s announcement doesn’t say when the proposed modifications, that are open for public remark till February 1, may come into pressure.
© Thomson Reuters 2025
(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)
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