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 ...

Australian graphite producer Volt Resources has signed a binding term sheet with Unbounded Opportunities Fund (UOF) to advance the development of its Bunyu graphite mine project in Tanzania. The Bunyu project is strategically positioned with access to key infrastructure including sealed roads running through the site and a deep-water route via the Port of Mtwara, approximately 140km away. Bunyu is reputed to be the largest JORC-compliant mineral resource in Tanzania and one of the largest graphite depos ...

Core Viewpoint - Northern Graphite Corporation has placed its Lac des Iles mine and mill into temporary care and maintenance to address an unexpected equipment issue and to expedite maintenance and development work ahead of the 2026 pit expansion [1][2]. Company Update - The decision for care and maintenance was driven by a bearing failure at the mill, which has a replacement window of approximately four to six weeks [2]. - The company has ordered a replacement part and is advancing other maintenance projects that were originally scheduled for January [2][3]. - The Lac des Iles mine produces approximately 15,000 tonnes of graphite concentrate per year, with an installed capacity of 25,000 tonnes per year [4]. Expansion Plans - Pre-stripping activity is currently underway as part of Phase 1 of an expansion program that could potentially add eight years to the mine life [4]. - The expansion program is being partially financed by Natural Resources Canada, covering 75% of eligible costs up to $6.2 million [4]. - The company is in the final stages of applying for a Certificate of Authorization from Quebec's environmental ministry to mine to 203 meters above sea level, with production from the expanded pit anticipated to start in the second quarter of next year [5]. Regulatory and Operational Status - The company is currently authorized to mine to 209 meters, but has temporarily halted operations after inadvertently mining slightly below this depth [6]. - A minor amendment to the existing Certificate of Authorization will be requested to allow mining to continue at the current pit to 203 meters [6]. - This situation may result in a production gap of approximately two to three months between existing operations and production from the expanded pit [6]. Strategic Importance - The company aims to extend the life of the Lac des Iles mine, which is considered a strategic asset for creating a secure and sustainable North American supply chain for graphite, critical for the growing battery markets [7][8]. - Northern Graphite is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products for the green economy, including materials for lithium-ion batteries and other advanced technologies [8].

Core Insights - Mason Resources Inc. congratulates Nouveau Monde Graphite Inc. (NMG) on transformative agreements that enhance its position in the global energy transition and Canada's critical minerals strategy [1] Group 1: NMG's Announcements - NMG finalized an offtake and marketing agreement with Traxys for natural flake graphite targeting refractory markets in North America and Europe [2] - Multiple offtake agreements for Phase-2 graphite production have been secured, demonstrating strong support from the Canadian government and customers [2] - NMG updated its commercial agreement with Panasonic Energy to launch dedicated production capacity for active anode material [2] Group 2: Traxys Agreement Details - The updated agreement with Traxys includes an offtake of 20,000 tonnes per annum of graphite concentrate, with a firm take-or-pay commitment of 10,000 tonnes per year from NMG's Phase-2 Matawinie Mine [3] - This partnership will leverage Traxys' market intelligence and logistics to integrate NMG's flake graphite into established supply chains [3] - The agreements collectively cover up to 100% of NMG's anticipated future output from the Phase-2 Matawinie Mine [3] Group 3: Government and Panasonic Agreements - NMG executed binding supply agreements with the Government of Canada for 30,000 tonnes per annum of graphite concentrate over a seven-year term [4] - The revised agreement with Panasonic Energy aims to accelerate the production of 13,000 tonnes per annum of active anode material [4] - Ongoing negotiations with a leading anode manufacturer could lead to a supply of up to 30,000 tonnes per annum of graphite concentrate [4] Group 4: Mason's Strategic Outlook - Mason Resources views these developments as enhancing the value of its investment in NMG and highlights the importance of Canadian graphite assets in global supply chains [6] - The integrated approach of NMG, from mining to battery material production, positions it as a key player in North America's clean-energy supply chain [6]

Core Insights - Titan Mining Corporation reported a 37% year-over-year revenue increase for Q1 2025, reaching $16.02 million, alongside a 4% reduction in all-in sustaining costs (AISC) [1][7] - The company achieved a payable zinc production of 15.37 million pounds, a 5% increase from Q1 2024, and a significant cash flow from operations of $2.69 million, up 922% year-over-year [7][8] - Exploration results indicate potential mineral resource expansion, with a notable intercept of 11.6 feet at 13.7% Zn, approximately 1,750 feet outside the current mineral resource model [4][11] Financial Performance - Revenue for Q1 2025 was $16.02 million, a 37% increase compared to $11.73 million in Q1 2024 [7] - Net income after tax was $0.35 million, compared to a loss of $2.63 million in Q1 2024 [7] - Cash flow from operating activities was $2.69 million, significantly up from $0.26 million in Q1 2024 [7] Operational Highlights - The average realized zinc price was $1.29 per pound, up from $1.11 per pound in Q1 2024 [7] - C1 cash costs decreased to $0.91 per pound, down 6% from $0.97 per pound in Q1 2024, while AISC was $0.96 per pound, down 4% from $1.00 per pound in Q1 2024 [7][8] - The company drilled 22 holes totaling 9,213 feet in underground exploration, focusing on the Mahler, New Fold, and Mud Pond zones [11] Strategic Developments - Titan is advancing its dual-commodity growth plan with robust cash flow from zinc operations and rapid progress on the Kilbourne graphite project [5][10] - The Kilbourne Graphite Project is on track to produce 1,000–1,200 tonnes of graphite concentrate per year, with plans to increase production to 40,000 tonnes per year, marking the first fully integrated natural flake graphite production in the U.S. since 1956 [10][28] - The company is implementing a production expansion from 1,750 to 2,250 tons/day, expected to be completed by year-end [9][28]