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Turkish Nickel Tycoon Aims for $2 Billion Acquisition Rush to Challenge Chinese Dominance

Turkish Nickel Tycoon Aims for $2 Billion Acquisition Rush to Challenge Chinese Dominance
1 month ago

In a bold move aimed at reshaping the global nickel landscape, a prominent Turkish businessman is planning a staggering $2 billion acquisition spree. This ambitious venture is designed to position his company as a formidable competitor against Chinese firms that currently dominate the nickel market. The initiative reflects the growing geopolitical competition surrounding critical minerals, particularly as nations strive to secure supply chains for the emerging electric vehicle (EV) industry.

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US Graphite Companies Push for 920% Tariff on Chinese Imports to Protect EV Material Supply

US Graphite Companies Push for 920% Tariff on Chinese Imports to Protect EV Material Supply
5 months ago

In a significant move to safeguard the domestic electric vehicle (EV) industry, American graphite manufacturers are advocating for a staggering 920% tariff on imported graphite from China. This initiative aims to counteract the monopolization of crucial battery materials and maintain a competitive edge for U.S. companies engaged in the EV market. The steep duty recommendation is rooted in the escalating concerns over supply chain vulnerabilities and nationwide reliance on foreign graphite resources, particularly those originating from China.

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