RE:RE:RE:RE:China Owns The EV Supply ChainMaterialsMan,
Yes. December 1, 2023 may in fact bring with it China commencing the closing down of what you refer to as "a profit centre".
I can say it would not go as some could expect.
I have to tell you that it is not a outright ban of synthetic and/or natural graphite exports wich is expected to come into play on December 1, 2023.
The Chinese government was clear that export permits would strictly be required for processed, greater than a certain density (hardened) and specialized "dual use" coated graphitic material products (for advanced military applications especially).
I suspect one of China's "profit centers" will not be shut down for non-warmongering member nation states.
As I stated within a previous post,"The U.S. Inflation Reduction Act ("IRA") was long ago formulated, fashioned and more recently enacted into law and incrementally deployed as a specific "weapon of mass economic destruction" aimed most specifically at China, with the intention to utterly destroy the very economy meant to provide for and sustain the needs of 1.4 Billion Chinese citizens." Heck the U.S. named China as a targeted country and the entire "IRA" was meant to have the U.S not just . . .
As I pointed out for tdsb, "Keep in mind what should actually make North American and all other EV manufacturers very nervous is if China elects to perhaps "in a quite timely fashion" temporarily halt all shipments of every kind of natural graphite and graphitic material products to certain specifc member nation states (e.g. U.S); and then to concurrently make things immensely much more dangerous for the U.S. economy and the U.S. intent to escalate and sustain it's global warmongering ways, China could concurrently require that the currently targeted graphite and graphitic material products can only leave the country as comprising a intended "fisnished" graphite and/or graphitic material product".
If the U.S and European Union nations domiciled companies want any amount of the export restricted graphite or graphitic material products for EVs to be manufactured within North America, Europe and elsewhere, China may require that the only way such targeted materials can be exported would be within a specifically completed and made in China product, e.g. a EV.
Why do you think Stellantis just signed that agreement to purchase $1.85 Billion worth of Leapmotor equity, in order to create a global partnership?
Why do you think that Volkswagen had entered into a strategic technical collaboration and share pruchase agreement with XPeng, having taken up a $700 Million or roughly 4.99% investment in XPeng?
European EV manufacturers are necessarily flooding investments into China based corporations becuase the European Union member state nations domiciled companies simply have no choice, ask Germany what happens when the U.S. sanctions China like it's sanctioning Russia?
Do you think Northern Graphite would be in a better position then vs. now?