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03 May

US manufacturers can continue sourcing Chinese graphite

The US Department of the Treasury and the Internal Revenue Service (IRS) ruled on Friday that US manufacturers can continue buying graphite from China for another two years, Kallanish reports. Under the Inflation Reduction Act (IRA)’s Section 30D Clean Vehicle Tax Credit, graphite contained in anode materials is now considered impracticable to trace. This means automakers can keep sourcing graphite outside of the US without preventing end-buyers from access…
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