Buchanan Leads New Trade Investigation on Unfair Anode Material Imports from China
Buchanan Takes Action on Unfair Anode Material Imports
On December 18, 2024, legal representatives from Buchanan Ingersoll Rooney announced the initiation of a crucial investigative process concerning unfair trade practices involving active anode materials imported from the People’s Republic of China. The American Active Anode Material Producers (AAAMP) spearheaded this action, filing petitions with the U.S. Department of Commerce and the U.S. International Trade Commission (ITC).
Background on Active Anode Materials
Active anode material is vital for the production of lithium-ion batteries, which power a wide range of products including electric vehicles, portable electronics, and medical devices. The significance of this component in various sectors underscores the necessity for a stable and fair market in the U.S. However, significant volumes of this material have been entering the American market at artificially low prices. This phenomenon, known as