Tesla, Volkswagen And Nio Scrambling For Graphite

Graphex Group Ltd (GRFXY) is going to list on the New York Stock Exchange (NYSE) 

The White House is now more desperate than ever to secure America’s supply chain of critical minerals. That includes rare earth elements and battery materials, such as lithium, cobalt, and graphite–all of which are key not only to electric vehicles and energy storage, but to computer components, household appliances, and clean energy technology in general.

China controls most of this market and the only truly effective supply chain security move is to bring it all home. While sparse announcements by junior miners exploring North American venues for new sources of these battery materials offer some hope, they are risky opportunities for investors. The first company looking to bring one of the most important battery materials back home is Graphex Group Ltd (GRFXY), which has just announced plans to list on the New York Stock Exchange (NYSE).