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China Curbs Graphite Exports, a Move That Could Hamper EV Industry

Last week, the Chinese Ministry of Commerce announced that it would cut graphite exports in a move that has the potential to cripple the global electric vehicle industry. With tensions between China and the United States and its allies rising in recent years, nations such as the U.S. are keen on cutting their reliance on China to limit the Asian country’s leverage in the nascent electric vehicle industry.

Battery electric vehicles (BEVs) are powered by lithium-ion batteries and produce zero emissions at the tailpipe, making them a perfect replacement for…

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NOTE TO INVESTORS: The latest news and updates relating to Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) are available in the company’s newsroom at http://ibn.fm/UURAF

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Los Angeles, CA
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