China Looms Large Over EV Maker’s Graphite Deal: Liam Denning

July 30, 2024, 11:00 AM UTC

Graphite, the stuff in pencils, doesn’t typically feature in thrillers; that’s reserved for the likes of uranium and gold. So one doesn’t expect a senator talking about it at a somewhat obscure press conference to lead with the line: “The dictators are on the march.”

That was Dan Sullivan of Alaska, a Republican who sits on the Senate’s Armed Services Committee. He was speaking in a nondescript meeting room at Capitol Hill last week at the announcement of a deal between Graphite One Inc., a start-up conducting a feasibility study on a major graphite deposit in Alaska — the largest in North America — and Lucid ...

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