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HEGAM — HEG Advanced Materials News Story

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Indian graphite makers gain as Japan imposes duties on Chinese imports

** Shares of Indian graphite makers Graphite India GRPH.NS and HEG Limited HEGL.NS rise 2.9% and 3.3%, respectively

** GRPH at highest level (574 rupees) in over three weeks; HEGL (511 rupees) highest in more than three weeks

** Japan decides to impose 95.2% anti-dumping duties on graphite electrodes from China for five years, aiming to protect domestic graphite electrodes makers

** Over 2.6 million GRPH shares and 2.3 million HEGL shares traded, both about 1.5x their 30-day avg

** HEGL erases YTD losses; GRPH now up 1.5% for the year

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

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