Tesla Rival Lucid Signs Deal To Secure Domestic Supply Of Graphite Amid China's Rare Earth Export Ban
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Lucid Group Inc. has signed a multi-year agreement with Graphite One to secure a domestic supply of natural graphite, starting production in 2028, amid China's export restrictions on critical materials. Additionally, Lucid has partnered with Syrah Resources for synthetic graphite supply in 2026. These agreements aim to strengthen Lucid's US-based supply chain for critical minerals, addressing concerns over trade tensions between the US and China that could impact the automotive industry.
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