Metal Miner reported on why graphite is so important to the United States, especially in the use of lithium-ion batteries.
As quoted in the market news:
The US does not produce natural graphite domestically and is almost completely dependent on imports for graphite supply. More than 50 percent of the US’ graphite requirement is met by imports from China, which is a cause for concern for the US government. Many governments around the world are very intent on developing fuel cells through large-scale funding. Graphite is a primary raw material used in the bipolar plates of these fuel cells.