Titan Mining Welcomes U.S. AD/CVD Determination Imposing At Least 160% Duties on Chinese Graphite Imports

Core Viewpoint - The U.S. Department of Commerce has finalized antidumping and countervailing duties of at least 160% on certain Chinese graphite imports, indicating a structural shift in the U.S. graphite market and highlighting the need for a secure domestic supply of natural graphite [1][2][4]. Industry Summary - The U.S. currently imports 100% of its natural graphite requirements, with China being the dominant supplier, which poses a strategic vulnerability in sectors such as defense, advanced manufacturing, energy storage, and industrial applications [4]. - The imposition of these duties is expected to significantly alter the economics of Chinese graphite imports, reinforcing the importance of developing a domestic supply chain for natural graphite [4][8]. Company Summary - Titan Mining Corporation is the only U.S. company producing end-to-end natural flake graphite and is scaling up its Kilbourne graphite demonstration facility to achieve a planned production capacity of 40,000 metric tonnes per annum, which aims to supply close to 50% of U.S. demand [5][8]. - The company emphasizes its commitment to enhancing the security of the domestic supply chain for critical minerals, particularly in light of the new duties imposed on Chinese imports [6][8].