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First Canadian Graphite Inc. Announces Commencement of Airborne Electromagnetic (EM) and Magnetic Surveys and Expands Land Holdings
Thenewswire· 2026-01-12 11:00
Core Insights - First Canadian Graphite Inc. has initiated airborne electromagnetic and magnetic surveys over its Berkwood Graphite Project to assess graphite occurrences [1][2] - The company has staked an additional 125 claims, increasing its total land holdings by 72%, making it the largest landholder in the area [3] - The Berkwood Graphite Project has a resource estimate of 3.2 million tonnes of indicated and inferred graphite with an average grade of 17% [6] Survey and Exploration Plans - The airborne EM and magnetic surveys are designed to identify conductive graphite orebodies and trace geological structures, with drilling planned for Spring/Summer 2026 [2][5] - The surveys will cover five high-priority targets to evaluate the potential for graphite occurrences [1][2] - The company plans to evaluate results from the surveys to target its upcoming drill program [5] Project Details - The Berkwood Graphite Project consists of several claim blocks, with only two blocks drilled so far, representing about 10% of the conductive anomalies [5] - The current mineral resource includes 1,755,300 tonnes of indicated resources at 17.00% Cgr and 1,526,400 tonnes of inferred resources at 16.39% Cgr [11] - The project is located in northern Quebec, easily accessible via major and secondary roads [9] Community Engagement - First Canadian Graphite acknowledges that the Berkwood Project is situated within the traditional territory of the Pessamit Innu First Nation and is committed to fostering respectful relationships with local Indigenous communities [8]
Grant Options
Thenewswire· 2026-01-09 02:15
Core Points - First Canadian Graphite Inc. has announced the granting of stock options to board members, management, and consultants as part of a long-term incentive program under the 2025 Omnibus Share Incentive Plan [1][3] - The company has approved the grant of 1,250,000 stock options with a five-year term at an exercise price of $0.30, which will have a required hold period of four months plus one day [2] - The objective of the 2025 Omnibus Equity Incentive Plan is to align incentive compensation with the company's long-term goals [3] Company Overview - First Canadian Graphite is managed by a team with over 150 years of collective experience in finding, building, and operating mines, with a recent success in discovering the Berkwood graphite resource in Northern Quebec [4] - The company fully owns the Berkwood graphite asset, which is expected to benefit shareholders as demand for graphite for electric vehicles increases significantly [4]
‘You can’t see China now as a reliable supply-chain partner’: Graphite mines forsaken for 70 years come back into fashion
Fortune· 2025-12-27 11:15
Core Viewpoint - The demand for graphite is increasing significantly due to its essential role in lithium-ion batteries and concerns over supply chain reliability, particularly in light of trade tensions with China [2][4]. Industry Overview - Graphite mining in the U.S. has largely ceased since the 1950s, but there is a renewed interest in domestic production as geopolitical factors shift [1][11]. - The U.S. Department of Energy has classified graphite as a critical mineral, highlighting its importance for various commercial and military applications [6]. Company Developments - Titan Mining Corp. is actively mining graphite in northern New York, with plans for commercial sales by 2028, aiming to meet a significant portion of U.S. graphite needs [3][15]. - Titan's New York deposit is expected to produce approximately 40,000 metric tonnes (44,092 tons) of graphite concentrate annually, which could fulfill about half of the current U.S. demand for natural graphite [15]. Market Dynamics - The global demand for graphite is projected to continue rising over the next decade, driven by the battery industry, which utilizes both natural and synthetic graphite [7]. - U.S. policymakers have expressed concerns over reliance on China for graphite supply, especially after recent export controls were implemented by China [8][9]. Regulatory and Financial Support - The U.S. government has initiated measures to bolster domestic graphite production, including tax credits and fast-tracked permitting for critical mineral projects [9][14]. - The Export-Import Bank has indicated potential financial support for graphite mining projects, including a loan of up to $120 million for construction [14].
U.S. demand for graphite renews amid battery boom
Fastcompany· 2025-12-26 19:43
Core Viewpoint - The demand for graphite is increasing significantly due to its essential role in lithium-ion batteries and concerns over supply chain reliability, particularly in light of trade tensions with China [2][4]. Industry Overview - Graphite mining in the U.S. has largely ceased since the 1950s, but the current geopolitical climate is prompting a resurgence in domestic mining efforts [1][10]. - The U.S. government has recognized graphite as a critical mineral, emphasizing the need for a stable domestic supply chain [6][9]. Company Developments - Titan Mining Corp. is actively mining graphite in northern New York, with plans for commercial sales by 2028, aiming to meet a significant portion of U.S. graphite needs [3][14]. - Titan's New York deposit is expected to produce approximately 40,000 metric tonnes (44,092 tons) of graphite concentrate annually, which could fulfill about half of the current U.S. demand for natural graphite [14]. Market Dynamics - The global demand for graphite is projected to continue rising over the next decade, driven by the battery industry, which utilizes both natural and synthetic graphite [7]. - Concerns over China's dominance in graphite supply have led U.S. policymakers to seek diversification of sources and support domestic production through initiatives like tax credits and fast-tracked permitting [8][9][13]. Active Projects - Currently, there are five active graphite mining projects in the U.S., including Titan's operation in New York and others in Alabama, Montana, and Alaska [11][12]. - The U.S. Export-Import Bank is considering significant financial support for the construction of graphite mining facilities, indicating strong governmental backing for the industry [13].
Amid battery boom, graphite mining gets fresh look in US
BusinessLine· 2025-12-26 07:17
Industry Overview - The demand for graphite is surging due to its critical role in lithium-ion batteries, which power devices from phones to electric vehicles, amid ongoing trade tensions with China [2][8] - The U.S. government is increasingly focused on securing a stable supply of critical minerals, including graphite, as part of efforts to reduce reliance on foreign sources [9][10] Company Developments - Titan Mining Corp is planning to mine graphite from a deposit in northern New York, with commercial sales expected by 2028 [2][4] - The company believes it can supply a significant portion of U.S. graphite needs, especially as China is viewed as an unreliable supply-chain partner [4][12] - Titan's New York deposit has been approved for fast-tracked permitting, which is seen as a strategic move to build a domestic supply chain for graphite [13] Market Potential - Titan expects to produce approximately 40,000 metric tonnes (44,092 tons) of graphite concentrate annually, which could meet about half of the current U.S. demand for natural graphite [14] - The global demand for graphite is projected to continue rising over the next decade, driven by the battery boom and the increasing use of both natural and synthetic graphite [7]
Amid a battery boom, graphite mining gets a fresh look in the US
The Economic Times· 2025-12-26 06:00
Core Viewpoint - The demand for graphite, a critical material for lithium-ion batteries, is surging due to ongoing trade tensions with China, prompting U.S. companies to explore domestic mining opportunities [2][12]. Industry Overview - Graphite is recognized as a critical mineral by the Department of Energy and is essential for various commercial and military applications, including battery production and heat-resistant coatings [6][10]. - Global graphite demand is expected to continue rising over the next decade, driven by the battery boom, which includes both natural and synthetic graphite [7]. Company Developments - Titan Mining Corp. is actively mining graphite from a deposit in northern New York, with plans for commercial sales by 2028, aiming to supply a significant portion of U.S. needs [2][12]. - The New York deposit has been approved for fast-tracked permitting by the federal government, which aims to establish a domestic supply chain for graphite [11][14]. - Titan expects to produce approximately 40,000 metric tonnes (44,092 tons) of graphite concentrate annually, which is about half of the current U.S. demand for natural graphite [12][14]. Geopolitical Context - U.S. policymakers have expressed concerns over reliance on China for graphite supply, especially after China imposed and then relaxed export controls on graphite [8][9]. - The Trump administration has taken steps to diversify critical mineral supplies through international agreements and government funding [9][10].
First Canadian Graphite Inc. Closes Financing
Thenewswire· 2025-12-23 23:50
Core Viewpoint - First Canadian Graphite Inc. is closing a financing round of $719,449.95, consisting of 4,796,333 units priced at $0.15 each, with each unit including one common share and one warrant exercisable at $0.20 for two years [1][2]. Financing Details - The gross proceeds from the financing will be allocated for general working capital, although the Board may reallocate funds for sound business reasons [2]. - A finder's fee of $30,838.5 will be paid, along with a finder's warrant allowing the purchase of up to 186,550 shares at $0.20 for two years [3]. - The closing of the financing is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture Exchange [4]. Insider Participation - Three insiders subscribed for a total of 260,000 units, which qualifies as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval requirements [5]. Company Overview - First Canadian Graphite is managed by a team with over 150 years of collective experience in mining, with a recent success in discovering the Berkwood graphite resource in Northern Quebec, which the company owns 100% [6]. - The demand for graphite is expected to increase significantly due to its use in electric vehicles, benefiting the company's shareholders [6].
Northern Graphite Completes $1.35 Million Non-Brokered Private Placement
TMX Newsfile· 2025-12-22 12:45
Core Viewpoint - Northern Graphite Corporation has successfully completed a non-brokered private placement financing, raising C$1,350,000 to support its Battery Anode Material facility and working capital needs [1][2]. Financing Details - The company issued 10,800,000 common shares at a price of C$0.125 per share, resulting in total gross proceeds of C$1,350,000 [1]. - This financing is part of a larger C$2,200,000 non-brokered private placement previously disclosed in September 2025 [1]. Use of Proceeds - Net proceeds from the private placement will be allocated towards the feasibility study for the planned Battery Anode Material facility in Baie-Comeau, Québec, as well as for working capital and corporate expenses [2]. Strategic Partnerships - The BMI Group, the lead investor in this financing, has shown confidence in Northern's assets and strategy, which supports the advancement of battery anode material processing capabilities in Canada and North America [2][3]. - A partnership between Northern and The BMI Group aims to evaluate the establishment of a BAM facility at a redeveloped former paper mill site in Baie-Comeau, which is expected to expedite market entry compared to greenfield alternatives [3]. Industry Context - Battery anode material is a critical component of lithium-ion batteries, produced by upgrading graphite mine concentrate to meet the specifications of electric vehicle battery manufacturers [4]. - Northern's Baie-Comeau project addresses a significant gap in North America's energy transition supply chain by providing domestic processing capacity for battery-grade anode material [4]. Company Overview - Northern Graphite is the only flake graphite producing company in North America, focusing on becoming a leader in producing natural graphite and upgrading it into high-value products essential for the green economy [7]. - The company operates the Lac des Iles mine in Quebec and owns the Bissett Creek project in Ontario and the Okanjande graphite mine in Namibia, all of which have "battery quality" graphite and are strategically located [8].
Focus Graphite Engages Independent Trading Group as Market Maker
TMX Newsfile· 2025-12-16 04:22
Core Viewpoint - Focus Graphite Inc. has engaged Independent Trading Group for market-making services to enhance liquidity and trading of its shares on the TSX Venture Exchange [1][10]. Group 1: Market-Making Agreement - The ITG Agreement stipulates a monthly compensation of CAD $5,500, with an initial term of one month and automatic renewals unless terminated with 30 days' notice [2]. - ITG will not receive shares or options as compensation and is unrelated to Focus Graphite [2]. Group 2: Termination of Previous Agreement - Focus Graphite has terminated its Marketing Services Agreement with Outside the Box Capital Inc. after approximately two months, incurring around CAD $50,000 in marketing expenditures during this period [3]. - The company had granted OTB Capital 950,000 stock options, all of which have been cancelled as none had vested by the time of termination [4]. Group 3: Company Overview - Focus Graphite is focused on developing high-grade flake graphite deposits and innovative battery technologies, with its flagship Lac Knife project being a significant high-purity graphite deposit in North America [6][7]. - The company is committed to environmentally sustainable processing solutions and aims to secure a locally sourced supply of critical minerals [8].
Titan Mining begins ore feeding at Kilbourne facility in US
Yahoo Finance· 2025-12-12 09:41
Titan Mining has commenced ore feeding at its Kilbourne graphite demonstration facility, moving the project closer to the initial production of graphite concentrate. The Kilbourne facility is situated within Titan’s Empire State Mine infrastructure in upstate New York, US. This step marks a major milestone in US natural flake graphite production, restoring end-to-end domestic output for the first time in more than 70 years. The facility is a fully permitted demonstration plant with a capacity of around ...