[Special Stock] Yulho, Global Panic Buying Due to China's Mineral Controls... Domestic Largest High-Quality Black Mass Extraction Up↑

Yulho is showing strength. It is interpreted that Yulho, which is preparing to produce 'Black mass,' has been affected by the news that China is moving to control minerals.

As of 1:37 PM on the 5th, Yulho is trading at 3,215 won, up 8.61% from the previous day.

According to foreign media on the day, China has begun preparations for export control measures on gallium and germanium recently announced. Gallium and germanium are materials used in semiconductors for communication and military equipment, and since China is known to virtually monopolize production and supply, if export controls are fully implemented, it is expected to cause significant disruptions in related industries.

As China is actively moving to control minerals, concerns are emerging that graphite may also be controlled. China accounts for 64% of the global graphite mining market and 100% of the old-type graphite refining market. Additionally, Chinese capital has acquired graphite refineries in other countries, reportedly occupying more than 90% of the global market.

Meanwhile, Yulho's subsidiary, Yulho Materials, is known to be preparing to produce the largest-scale high-purity black mass in Korea, called 'black gold,' made from graphite. Black mass is a black powder that contains cobalt used in anode materials made from graphite, as well as nickel and lithium used in cathode materials.

Yulho Materials, a 100% subsidiary established by Yulho, plans to operate an EcoClean unmanned automated process facility with an annual black mass production capacity of 8,000 tons within this year.

This content was produced with the assistance of AI translation services.