China could effectively cut off 40–50% of global rare earth oxide supply.

The surcharges mirror a plan from the rare earths industry as Beijing exerts control of the critical minerals market.

While there is a need for 200,000 tonnes of graphite to meet demand, the reality is, the current US supply capability is zero.

Graphite grabbed recent news headlines when China announced it will require export permits for some graphite products.

It’s been a big couple of weeks in mining circles and that’s being led by a surge in graphite stocks.

Lac des Iles graphite mine and plant in Quebec were suspended in the second and third quarters on weak market conditions.

Natural Resources Canada announced projects eligible to apply for the new Critical Minerals Infrastructure Fund include clean energy and transportation projects that support critical minerals mines.