U.S. to ban exports of lithium-ion battery scrap to reduce reliance on China

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The U.S. will ban exports of certain lithium-ion battery scrap and tungsten waste for one year starting later this month, requiring those materials to be sold domestically to strengthen national defense supply chains.

The policy is intended to reduce reliance on China, which dominates production and has restricted exports of key critical minerals such as tungsten and rare earths. The Wall Street Journal has the full story.