A Chinese electric vehicle company has halted exports of adsorbents used for lithium extraction in electric vehicle batteries.
According to a Reuters report on the 19th (local time), Jiangsu Wuhai Tech in China notified its customers that it would stop exporting products starting from the 1st. Jiangsu Wuhai Tech is a company that produces adsorbents used for lithium extraction.
Another adsorbent manufacturer, Sun Resin, is reportedly discussing export regulations related to lithium technology with the government. China is the world's largest producer of adsorbents for lithium extraction.
On the 2nd of last month, China's Ministry of Commerce announced it would control exports related to battery component manufacturing and rare metal processing technologies. However, it has not formalized specific timing or schedules. Reuters interpreted this as an attempt by China to exert pressure on the United States.
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