Latest news with #GraphiteCreekProject
Cision Canada
4 days ago
- Business
- Cision Canada
Graphite One Cited as Federal Permitting Council Prioritizes FAST-41 Critical Mineral Projects
Company Supports U.S. Government Leveraging Efforts to Strengthen Domestic Critical Mineral Supply Chains G1's Graphite Creek Project first Alaska mining project to be listed on FAST-41 Transparency Dashboard, and one of six mining projects overall VANCOUVER, BC, June 17, 2025 /CNW/ - Graphite One Inc. (TSX–V: GPH; OTCQX: GPHOF) (" Graphite One", " G1" or the " Company"), welcomes the U.S. Government's leveraging of the Fixing America's Surface Transportation Act, known as "FAST-41," to streamline the permitting process for critical resource and infrastructure projects as it works to implement the March 20, 2025 Executive Order "Immediate Measures to Increase Domestic Mineral Production." G1 has been cited in recent news coverage as a developer of one of six mining projects to be listed on the FAST-41 Permitting Dashboard, administered by the Federal Permitting Improvement Steering Council ("Permitting Council"). The Company announced its move into the FAST-41 permitting process's 60-day period to develop Graphite Creek's Coordinated Project Plan ("CPP") and detailed permitting timetable earlier this week. The Washington Examiner quotes Emily Domenech, "the newly appointed head of the {Permitting} Council…" describing its role as "a 'sherpa' for businesses seeking to initiate projects. My goal would be to move as many projects to construction in the first two years of the Trump Administration as is humanly possible". The Fast-41 Federal Permitting Dashboard and related announcements can be accessed here. "The Administration's use and expansion of the FAST-41 program demonstrates its commitment to move expeditiously to bolster U.S. domestic critical mineral supply chains," said Graphite One CEO Anthony Huston. "We are proud to be the first Alaskan mining project listed on the Federal Permitting Dashboard. We believe that this emphasis on streamlining the permitting process will expedite our efforts to establish a vertically integrated domestic supply chain for graphite as the United States is faced with the growing demand and global market volatility." Graphite One's inclusion on the Federal Permitting list follows the recent announcement that the Company has entered into a second non-binding supply agreement for anode active materials ("AAM") with Lucid Group, Inc. (NASDAQ: LCID), a manufacturer of advanced electric vehicles, marking another significant step towards establishing a fully domestic graphite supply chain to meet market demands and enhance U.S. industry and national defense. The Company had published its feasibility study prepared in accordance with National Instrument 43-101 earlier this spring, which with the support of Defense Production Act Title III funding, was completed 15 months ahead of schedule and showed a tripling of the Company's proven and probable reserves. Added Huston: "The momentum we are currently generating to end more than three decades of zero domestic graphite production could not come at a better time. With China's control over graphite materials higher than even the stranglehold it has over Rare Earth production, and Beijing no stranger to weaponizing its leverage, the time to act is now. Between greater predictability and accountability for our project via the Fast-41 program, our new non-binding supply agreement with Lucid and a tripled resource at Graphite Creek, we are well-positioned to move forward." Graphite One's Supply Chain Strategy With the United States currently 100 percent import dependent for synthetic and natural graphite, Graphite One is developing a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek deposit, recognized by the US Geological Survey as the largest graphite deposit in the U.S. "and among the largest in the world." The Graphite One Project plan includes building an advanced graphite material and battery anode material manufacturing plant located in Warren, Ohio. The plan also includes a recycling facility to reclaim graphite and the other battery materials, to be co-located at the Ohio site, the third link in Graphite One's circular economy strategy. About Graphite One Inc. GRAPHITE ONE INC. continues to develop its Graphite One Project (the "Project"), with the goal of becoming an American producer of high grade anode materials that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade anode materials primarily for the lithium–ion electric vehicle battery market. On Behalf of the Board of Directors "Anthony Huston" (signed) For more information on Graphite One Inc., please visit the Company's website, or contact: On X (FormerlyTwitter) @Graphite One Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. All statements in this release, other than statements of historical facts, including those related to the Fast 41 listing and the anticipated impact of the FAST-41 status, any statements related to the planned production of any mineral reserves and resources, the construction of the Warren, Ohio facility, and events or developments that the Company intends, expects, plans, or proposes are forward-looking statements. Generally, forward – looking information can be identified by the use of forward – looking terminology such as "proposes", "expects", "is expected", "scheduled", "estimates", "projects", "plans", "is planning", "intends", "assumes", "believes", "indicates", "to be" or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The Company cautions that there is no certainty that the Fast 41 listing will impact the Company as set forth in this press release, that the Graphite Creek Project produces the minerals set out in the FS or that the facility will be built in Warren, Ohio. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at
The Market Online
29-05-2025
- Business
- The Market Online
Graphite One: Building North America's premier graphite supply chain
In the first two articles of this series, we explored the essential nature of graphite—its role in powering electric vehicles, renewable energy storage, and high-tech manufacturing—and examined its strategic importance to national security and military readiness. Now, we turn our attention to a company at the forefront of addressing North America's graphite dependency: Graphite One Inc. (TSXV:GPH). A strategic asset in Alaska: The Graphite Creek Project Graphite One's flagship initiative, the Graphite Creek Project, is located on the Seward Peninsula in Alaska, approximately 60 kilometers north of Nome. Recognized by the U.S. Geological Survey as the largest known flake graphite deposit in the United States, Graphite Creek is now considered among the largest in the world. Recent updates from the company reveal a dramatic expansion in the project's scope. The 2025 feasibility study, completed 15 months ahead of schedule with support from the U.S. Department of Defense under the Defense Production Act Title III, shows a 317 per cent increase in proven and probable reserves and a 322 per cent increase in measured and indicated resources compared to the 2022 Pre-Feasibility Study. Vertical integration: From mine to battery-grade material Graphite One's vision extends far beyond mining. The company is executing a fully integrated supply chain strategy—from raw graphite extraction at Graphite Creek to the production of anode active material at a planned secondary treatment plant in Ohio. This vertical integration is critical. The U.S. currently imports 100 per cent of its natural graphite, a vulnerability in the face of rising demand for lithium-ion batteries and electric vehicles. By producing battery-grade graphite domestically, Graphite One aims to eliminate a key supply chain bottleneck and support the U.S. transition to clean energy and advanced manufacturing. Milestones and momentum Graphite One has achieved several key milestones in 2025: Feasibility study completion : Validated a 20-year mine life with a projected annual output of 175,000 tonnes of graphite concentrate. : Validated a 20-year mine life with a projected annual output of 175,000 tonnes of graphite concentrate. Federal support : Received funding and strategic backing from the Department of Defense. : Received funding and strategic backing from the Department of Defense. Permitting phase : Entered permitting with strong momentum, supported by a recent Executive Order prioritizing domestic mineral production. : Entered permitting with strong momentum, supported by a recent Executive Order prioritizing domestic mineral production. Economic viability: The feasibility study projects a pre-tax NPV of $6.4 billion and a 30 per cent internal rate of return, with commercial anode active material production expected by 2028. Economic and ESG impact Graphite One's project is in a position to deliver significant economic and environmental benefits: Job creation : The project will generate high-quality jobs in Alaska and Ohio, supporting local economies and Indigenous communities. : The project will generate high-quality jobs in Alaska and Ohio, supporting local economies and Indigenous communities. Environmental stewardship : The company is committed to responsible development, with environmental planning integrated into every phase. : The company is committed to responsible development, with environmental planning integrated into every phase. Community engagement: Graphite One is working closely with local stakeholders to ensure long-term, shared value. A pillar of U.S. mineral independence In a world increasingly defined by geopolitical competition and technological transformation, Graphite One's project is more than a business venture—it's a strategic imperative. As the U.S. seeks to reduce reliance on foreign critical minerals, particularly from China, Graphite One offers a homegrown solution that aligns with national priorities in energy security, defense, and green technology leadership. Investor's corner As we've explored in this series, graphite is not just a material—it's a cornerstone of the 21st-century economy. From its indispensable role in batteries and electronics to its strategic value in defense, the case for domestic graphite production is clear. Graphite One Inc. stands at the nexus of this opportunity. With a world-class deposit, a vertically integrated strategy, strong government support, and a compelling economic profile, the company is uniquely positioned to lead North America's graphite renaissance. For investors seeking exposure to the future of energy, technology, and national resilience, Graphite One deserves a closer look. We encourage you to deepen your due diligence, revisit the earlier articles in this series, and consider how this emerging leader fits into your long-term investment strategy. Join the discussion: Find out what investors are saying about this stock on the Graphite One Inc. Bullboards and check out the rest of Stockhouse's stock forums and message boards. This is sponsored content issued on behalf of Graphite One Inc., please see full disclaimer here.
