Core Viewpoint - Titan Mining Corporation has commenced graphite concentrate production at its Kilbourne demonstration facility, marking a significant step in re-establishing a domestic natural graphite supply chain in the U.S. for the first time in over 70 years [2][4]. Group 1: Production and Capacity - The Kilbourne facility is designed to produce approximately 1,200 tonnes per year of graphite concentrate, which is a critical bridge to achieving a targeted production profile of 40,000 tonnes per year [5]. - This production aligns with the U.S. government's policy to rebuild secure supply chains for critical minerals, particularly in response to import dependence and supply-chain vulnerabilities [4][5]. Group 2: Financing and Support - Titan is advancing discussions with the U.S. Export-Import Bank regarding a $120 million loan facility to support the Kilbourne project's development, with updates expected soon [3]. - The company is also engaging with other federal agencies for additional funding solutions to complement its financing efforts [3]. Group 3: Strategic Importance - The phased development strategy of Titan positions the company to meet U.S. demand across various sectors, including defense, industrial, and energy-related applications, as processing and refining capacities are expanded [6]. - The recent Executive Order from the White House emphasizes the importance of domestic production and processing of critical minerals, which Titan's operations directly support [4][6].
Titan Mining Launches Made-in-America Graphite Production as U.S. Moves to Secure Critical Minerals
Globenewswire·2026-01-26 11:00