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Graphite Crisis: NMG Challenges China's 95% Supply Stranglehold

Nouveau Monde Graphite challenges China's 95% graphite monopoly as demand surges 500% by 2050. North America's first carbon-neutral producer aims to secure critical mineral supply chains.

This news matters because graphite is fundamental to the global transition to clean energy and advanced technologies, yet current supply chain concentration in China creates significant economic and national security risks. For consumers, this dependency could lead to price volatility for electric vehicles and energy storage systems, while for nations it represents a strategic vulnerability in critical infrastructure and defense systems. The emergence of North American production through companies like NMG could stabilize supply chains, reduce geopolitical risks, and ensure more transparent environmental and social practices in mineral extraction. As governments implement tariffs and support domestic production, this shift could accelerate the clean energy transition while creating new economic opportunities and reducing reliance on single-source suppliers.