Guest Post from David Wojick of CFact. China has acquired dangerous monopoly power over battery production worldwide. CFACT has published my brief study report on this new threat — “China’s Graphite Monopoly.” To begin with, here is the Executive Summary:
Thanks for making us aware of the Chinese graphite monopoly. But if I understand, raw graphite is common, but it has to be processed for use in batteries, and it would be difficult for a company in the US to get financing for a new factory so we could process the graphite domestically? That seems to be what you're saying in this little paragraph - "There is no lack of raw graphite, as China only produces about 16% of the global total. So, there would be no problem supplying domestic producers with processed graphite. The problem is that the monopoly threat does not stimulate financing because nobody knows about it."
Thanks for making us aware of the Chinese graphite monopoly. But if I understand, raw graphite is common, but it has to be processed for use in batteries, and it would be difficult for a company in the US to get financing for a new factory so we could process the graphite domestically? That seems to be what you're saying in this little paragraph - "There is no lack of raw graphite, as China only produces about 16% of the global total. So, there would be no problem supplying domestic producers with processed graphite. The problem is that the monopoly threat does not stimulate financing because nobody knows about it."
Interesting. Thank you, Al.