New Delhi, Jun 2 (PTI) The government on Friday permitted the import of pet coke for making graphite anode material for lithium-ion batteries as a feedstock and not for any other purposes. Import of pet coke for fuel purposes is completely banned. "Import of needle pet coke (NPC) is 'free' for making graphite anode material for Li-ion battery as feedstock/raw material and not for any other purposes, including use as fuel or for trade," the directorate general of foreign trade said in a notification. It added that low sulphur pet coke would not be used by the steel industry as fuel or for trade. Graphite is commonly used to serve as the anode material in lithium-ion battery manufacturing.

Source: The Star June 02, 2023 20:44 UTC