Core Viewpoint - Titan Mining Corporation is positioning itself as a leader in natural graphite production in the U.S. amid new export restrictions from China on graphite and rare earth minerals [1][3]. Company Developments - Titan is set to commence production of graphite concentrate at its Empire State Mines, making it the only natural flake graphite company in the U.S. poised for near-term production [1]. - The company is supported by the U.S. Export-Import Bank, which has provided a Letter of Interest for up to US $120 million in financing for Titan's commercial graphite facility [4]. - Titan aims to ramp up to a 40,000-tonne-per-year commercial graphite facility, which would supply approximately half of the current U.S. natural graphite demand [5]. Industry Context - China's recent export restrictions on critical minerals, including graphite, highlight the strategic importance of establishing a secure domestic supply of natural graphite in the U.S. [2][3]. - The integrated demonstration facility will produce natural flake graphite in micronized and high-purity forms, supporting various strategic sectors such as defense, energy, and AI data centers [2].
Titan to Start Natural Graphite Production Amid Rising Global Supply Constraints at Empire State Mines in New York
Globenewswireยท2025-10-14 10:00