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Canadian Graphite Project Advances as North America Races to Reduce China Reliance

Nouveau Monde Graphite Inc. is expected to greenlight construction of a major graphite mining operation this week, marking a significant step toward reducing North American dependence on Chinese supply of the critical mineral. The company's project represents one of the continent's few advanced graphite developments. Governments and industries are scrambling to secure alternatives to China's dominant market position. The push reflects broader efforts across North America and Europe to build domestic supply chains for materials essential to battery production and clean energy infrastructure. Multiple mining ventures have recently accelerated development timelines, advancing from permitting stages to active construction. The graphite sector remains heavily concentrated in Chinese hands, creating strategic vulnerabilities acknowledged by policymakers on both sides of the Atlantic.