Core Insights - Graphite One Inc. has confirmed the presence of elevated levels of magnet and Heavy Rare Earths (HREE) in the Graphite Creek deposit, indicating its potential as a significant resource for technology applications [1][3][6] - The company plans to conduct a 2026 REE testing program in collaboration with a U.S. National Lab to explore extraction methods [1][8] Summary of Findings - The independent analysis revealed that 85% of the Rare Earth Elements (REEs) in the garnet material from Graphite Creek are magnet or HREEs, with notable concentrations of Dysprosium (32-63 ppm), Yttrium (198-427 ppm), and Scandium (84-141 ppm) [6] - The garnets, which are dominant hosts for HREEs, show a two- to six-times higher REE concentration compared to other components of the ore [8] Strategic Importance - Rare Earth Elements are critical for modern technology, including applications in electric vehicles, renewable energy, and defense systems, highlighting their strategic importance to U.S. industry and national security [4] - The presence of both graphite and REEs in a single deposit positions Graphite Creek as a generational resource, enhancing the economic viability of the project [7] Market Context - China, as the largest producer of REEs, has imposed export limits on magnet REEs, underscoring the necessity for developing domestic sources like Graphite Creek [5] - Graphite One is working towards establishing a complete U.S.-based graphite supply chain, which includes plans for a manufacturing plant in Ohio and a potential recycling facility [10]
Independent Testing Confirms Elevated Magnet and Heavy Rare Earth Presence at Graphite One's Alaska Graphite Deposit
Prnewswire·2025-12-16 14:15