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Wall Street Journal

Battery-Material Producer Shares Rise as U.S. Set to Tariff Chinese Graphite

Shares of some Asia-Pacific battery-material producers rose sharply Friday, after the U.S. moved to impose hefty duties on graphite—a key component of battery anodes—imported from China. The U.S. Commerce Department will impose preliminary anti-dumping duties of 93.5% on Chinese graphite imports, after determining the materials were unfairly subsidized, according to a statement posted online late Thursday by the American Active Anode Material Producers.