Titan, US military team up on graphite

Titan Mining, a U.S. based company listed on the NYSE and TSX, is making progress in its quest to become the first commercial graphite producer in the United States in 70 years. The company is collaborating with the U.S. Army to set up a graphite processing plant at the Anniston Army Depot in Alabama. This partnership allows Titan to ship graphite concentrate from its Kilbourne mine in upstate New York to the Anniston base for further processing.

The plant would turn the graphite into purified micronized graphite (PMG) and coated spherical purified graphite (CSPG), which are highly refined and used in lithium battery anodes. Titan's CEO, Rita Adiani, explained that this setup would ensure an end-to-end domestic product, enhancing supply chain security. The partnership with the U.S. Army is part of the Strategic Capital Initiatives (SCI) program, which aims to bring critical mineral supply chains under domestic control outside China's influence.

The Army base deal at Anniston has moved to a commercial term sheet, with the lease covering 50 years and two renewal options. The feasibility study for the integrated mining and processing operation is expected to be released in the first half of 2027.