Titan Mining Restarts U.S. Graphite Production After 70-Year Hiatus
Event summary
- Titan Mining has begun graphite concentrate production at its Kilbourne demonstration facility in New York, marking the first domestic U.S. graphite production in over 70 years.
- The facility is designed to produce 1,200 tonnes per year of graphite concentrate, with plans to scale to 40,000 tonnes annually.
- Titan is in discussions for a $120 million loan facility with the U.S. Export-Import Bank to fund the Kilbourne project's development.
- The production launch coincides with a new White House Executive Order targeting critical mineral supply chain vulnerabilities.
The big picture
Titan's graphite production launch aligns with U.S. policy efforts to reduce dependence on foreign critical mineral supply chains. The company's phased development strategy positions it to capitalize on growing domestic demand, particularly as Section 232 trade remedies are implemented. The $120 million loan facility, if secured, would provide significant non-dilutive funding for the Kilbourne project's expansion.
What we're watching
- Regulatory Tailwinds
- How the White House's Executive Order will accelerate domestic processing capacity for critical minerals.
- Execution Risk
- Whether Titan can secure the $120 million loan facility and other federal funding to support commercial-scale production.
- Market Dynamics
- The pace at which U.S. demand for domestically produced graphite will grow across defense, industrial, and energy sectors.
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