Titan Mining Boosts Zinc Output, Advances U.S. Graphite Ambitions
Event summary
- Titan Mining reported record zinc production of 64.3 million payable pounds in 2025, up 8% from 2024.
- Revenues rose 16% to $74.3 million, with cash costs at the lower end of guidance.
- Kilbourne Graphite Project advanced with a $513 million NPV and $15.8 million EXIM credit agreement.
- Company repaid $16.5 million in related-party debt, strengthening its balance sheet.
- Graphite demonstration plant began commissioning in Q4 2025, with initial shipments in Q1 2026.
The big picture
Titan Mining's strong 2025 results underscore its dual strategy of optimizing zinc production while advancing its graphite ambitions. The Kilbourne Graphite Project, backed by U.S. EXIM financing, positions Titan to become a key domestic supplier in a sector critical for defense and high-tech applications. The company's ability to balance growth with financial discipline will be crucial as it navigates regulatory and market challenges.
What we're watching
- Project Execution
- The pace at which the Kilbourne Graphite Project moves from feasibility study to commercial-scale production will determine Titan's ability to capture U.S. graphite demand.
- Cost Management
- Whether Titan can sustain its low cash costs amid potential inflationary pressures in mining operations.
- Market Dynamics
- How U.S. government support and trade measures will impact Titan's competitive positioning in the critical minerals sector.
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