Latest news with #GraphiteOne
Yahoo
3 days ago
- Automotive
- Yahoo
Lucid's strategy to strengthen supply chain means using fewer parts
This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. NOVI, MICHIGAN — The key to building supply chain resilience may be as simple as using fewer parts to build a finished product, according to Lucid Motors VP of Engineering James Hawkins. 'Doing more with less is efficiency,' Hawkins said during a presentation at AutoTech 2025. 'Doing more with less is at the heart of sustainability and at the heart of resilience.' When designers and engineers were in the initial stages of creating Lucid's first battery electric vehicles, the company considered the needs of potential buyers, including performance, range and passenger comfort. The challenge wasn't determining what had to go, but how to deliver everything, Hawkins said. These traits set the baseline for designing vehicles that not only met perceived consumer expectations, but could also be produced domestically with minimal dependence on components made overseas. An initial step was to construct a 1 million square-foot factory in Casa Grande, Arizona, in 2021, Hawkins said. The plant has since expanded and now boasts 3.9 million square feet of production space, where the company stamps its own body panels and builds vehicles. With production capacity ensured, the company's next focus was securing domestic suppliers. The EV maker recently inked a battery materials deal with Graphite One. It will also procure U.S.-made batteries from Panasonic, Hawkins said. The volatility in the global marketplace, fueled by the Trump administration's tsunami of tariffs, has prioritized domestic sourcing at Lucid. 'The automotive industry has felt an intense and acute vulnerability just this year,' Hawkins said. 'Our response is actually a continuation of our existing strategy, and that is forging partnerships with our supply base for long-term domestic supply, wherever it strategically makes sense.' While Hawkins stressed the importance of procuring as many U.S.-made components as possible, he added that if a finished vehicle had fewer components, it would both resolve potential supply chain issues and aid the company in developing a more spacious passenger cabin. Pausing from his presentation, Hawkins retrieved a Lucid electric motor casing from a carry-on suit case. The motor casing is comparable in size to a small kitchen appliance, but when filled with its internal components capable of propelling a full-sized electric vehicle. Miniaturization of vehicle elements means designers could configure roomier passenger spaces as well as a larger trunk area. 'This is a really obvious example of how we can do more with less,' Hawkins said. In developing its base powertrain, Hawkins said the approach was creating something that could deliver more power, but with fewer parts to reduce costs and eliminate the need to outsource or make additional components. 'There's fewer materials to source, process, deal with the end of life, recycle. Less mass engages in the benevolent cycle of efficiency,' he said. Always seeking opportunities to operate efficiently is a mindset that resonates throughout Lucid, Hawkins said. 'I think what this year has taught us, if nothing else, is that we need to be continuously understanding and evaluating what resiliency means, what the risks to our companies are, [and] what our strategies should be in response,' he said. 'Absolutely, it needs to be continuously and thoroughly examined to make sure that we're covering our bases.' Disclosure: AutoTech2025 is run by Informa, which owns a controlling stake in Informa TechTarget, the publisher behind Automotive Dive. Informa has no influence over Automotive Dive's coverage. Recommended Reading Lucid elects Douglas Grimm to board Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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
Cision Canada
5 days ago
- Business
- Cision Canada
Graphite One Enters FAST-41 60-Day Planning and Timetable Period
FAST-41 process requires G1's coordinated project plan and timetable to be posted to the public Federal Permitting Dashboard no later than August 1st FAST-41 projects receive Record of Decision on average 25% faster than non-FAST-41 projects FAST-41 process commences as new IEA Report notes that global graphite dependence on China is greater than Rare Earth dependence VANCOUVER, BC, June 16, 2025 /CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (" Graphite One", " G1" or the " Company"), is pleased to provide this information update as the Company moves into the FAST-41 permitting process's 60-day period to develop Graphite Creek's Coordinated Project Plan (" CPP") and detailed permitting timetable. Administered by the Federal Permitting Improvements Steering Council (" FPISC"), the FAST-41 timetable includes intermediate and final completion dates for each required federal environmental review and authorization. The project's lead Federal agency – in the case of Graphite One, the U.S. Army Corps of Engineers – must work with other cooperating agencies to develop project-specific plans to document the steps they will take to coordinate public and tribal participation and complete the required environmental reviews and authorizations. This timetable will be published to the FAST-41 Federal Dashboard no later than August 1, 2025. Benefits of FAST-41 As the FPISC has reported: "…on average, projects supported through FAST-41 achieved Record of Decision faster than those that did not leverage FAST-41 by nearly 25%." Graphite Creek is the first Alaska mining project to be listed on the FAST-41 Federal Dashboard, and the 5 th mining project overall. The FAST-41 Dashboard will mark its 10 th year since being established by federal law on December 3, 2015. Twenty-five additional mining projects are listed on the Federal Transparency dashboard, established by Presidential Executive Order on March 20, 2025. While transparency projects have elected to provide public visibility into their planning stages, they are not required to meet the listing requirements for FAST-41 covered projects. Infrastructure projects covered under FAST-41 benefit in the following ways: Increased visibility and predictability. Agencies must develop and maintain a coordinated, project-specific timetable for all required environmental review and permitting actions. Scheduled and actual timeframes for these actions are publicly displayed and updated quarterly on the Permitting Dashboard. FAST-41 states that the lead Federal agency cannot revise or extend a timetable end date within 30 days of the original end date. FAST-41 also states that a final completion date for an environmental review or authorization must not be extended by more than 30 days without consulting with the project sponsor. Enhanced coordination. Within 60 days of a project becoming covered under FAST41, the lead Federal agency must work with other cooperating agencies to develop project-specific plans to document the steps they will take to coordinate public and tribal participation and complete the required environmental reviews and authorizations. Advanced coordination allows for early communication of project goals to the permitting agencies, early discussion of alternatives, and alignment of agency review schedules. Increased accountability. The Permitting Council provides high-level oversight to ensure that Federal agencies adhere to established timetables. The Permitting Council must report to Congress when the total length of modifications to a permitting timetable delays the permitting process by more than 150% of the original schedule. In addition, an annual report to Congress is required to assess each agency's progress towards implementation of FAST-41 best practices, as well as their compliance with recommended performance schedules for covered projects. The FAST-41 Federal Permitting Dashboard may be accessed here. Figure 1: Raw Material Ownership by Country 2024 1 1 G1's entry into the FAST-41 process comes as a new International Energy Agency (" IEA") report indicates that China's control over graphite materials – 97% of the global market – exceeds its control of all other renewable battery materials, and even exceeds China's control over global Rare Earth production (93%). "We've seen Rare Earths in the headlines during the U.S. tariff wars with China, as China suspended access to its Rare Earths as a non-tariff countermeasure," said Anthony Huston, CEO of G1. "With China's control over graphite exceeding the Rare Earths – and with the tighter export controls China placed on graphite last year – the message should be clear: Critical Mineral dependencies can become economic weapons without warning. Our listing on FAST-41 will bring us the predictability and accountability we need to bring our project into production, and end more than 30 years of total foreign graphite dependency." The full IEA Report may be found here. Graphite One's Domestic 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 natural and synthetic graphite 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) 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. Cautionary Note Regarding Forward-Looking Statements 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 SOURCE Graphite One Inc.
Yahoo
07-06-2025
- Business
- Yahoo
Alaska Sustainable Energy Conference 2025 left unspoken what Alaskans truly value
The Canning River, seen here in 2018, flows from the Brooks Range into the Beaufort Sea along the western edge of the Arctic National Wildlife Refuge. (Photo by Lisa Hupp/U.S. Fish and Wildlife Service) At the conclusion of the 2025 Alaska Sustainable Energy Conference much attention was given to profitability of fossil fuels, while far less was said about the meaning of 'sustainability' itself. In fact, both Alaskans and the principles of sustainability were notably absent from the conference's central themes and many of its attendees. From the outset, the federal government's priority appeared to be reassuring foreign interests of the United States' continued ability to sell off Alaska piece by piece. Conference organizers, led by Gov. Mike Dunleavy appeared eager as regulatory protections continue to be rolled back by the Trump administration. Federal officials, including U.S. Interior Secretary Doug Burgum, U.S. Energy Secretary Chris Wright, and Environmental Protection Agency Administrator Lee Zeldin, expressed strong support for the further weakening of environmental safeguards to unilaterally advance long-contested development projects across Alaska. Many attendees represented corporate interests excited to profit from new extraction opportunities or potential buyers, watching to see if the administration follows through on promises to mine Alaska's oil, gas, and critical minerals. These companies appeared enthusiastic to exploit the land with minimal oversight and a lack of local consent. The audience was left with a misleading impression of Alaskan support. At the center of ongoing and proposed projects, such as Red Dog mine, Graphite One, and Ambler Road, was the largest item for sale: a natural gas reservoir on the North Slope. The proposed Alaska liquid natural gas pipeline, currently led by the Alaska Gasoline Development Corp. and New York-based Glenfarne Group LLC, would extract natural gas from subsurface carbon and transport it 800 miles south to Nikiski for export. The estimated almost $40 billion project promises only temporary jobs and infrastructure. Environmentally, natural gas poses risks similar to coal and oil. It is composed primarily of methane, a potent greenhouse gas. Inevitable gas leaks during extraction and transportation can release up to 10% of methane before combustion, with the remainder ultimately emitted as carbon dioxide. These outcomes reflect outdated, combustion-based energy models. Regarding Alaska's wildlife and people, cabinet members seemed to dismiss concerns after brief visits, suggesting the animals are happy and that communities would benefit from further resource development despite evidence to the contrary. The 'resource curse' is a paradox that explains the economic dynamics of regions rich in natural resources, but limited in democratic representation. Extraction projects often introduce new workers, housing, and other infrastructure at great cost to local communities. Despite generating profits for corporate sponsors, these projects typically result in a net loss for the public. Workers are imported from out of state, while profits are exported. Local towns are then responsible for maintaining infrastructure without receiving corresponding benefits like revenue to support housing, health care or affordable energy. As finite resources are exhausted, companies maintain profit margins while community returns diminish. Once operations end, communities are often left with environmental damage and abandoned development, economically and socially worse off than before. Alaska's economy remains heavily reliant on oil and gas. As existing operations decrease in yield, public education and health care routinely face budgetary cuts. The natural gas reserve would only provide exports for a few decades, but its development would cause irreparable environmental damage, and leave Alaska facing another energy crisis within a generation. Why Gov. Dunleavy labeled this conference 'sustainable' remains unclear. It is unrealistic to claim the pipeline would benefit any of the roughly 190 communities beyond the Railbelt. While the state invests in LNG exports, rural towns reliant on diesel will face rising costs and health issues, including cancer risks. Regardless of one's stance on oil and gas, Chris Wright, the U.S. Secretary of Energy, himself stated: 'Energy… it's about people and math.' However, his equation solves for profit, while Alaska's equation for energy must begin and end with the voices and needs of the people. Scientists attending the summit this week in an official capacity were restricted to framing oil and gas as the primary development priority. This narrowed the conversation and sidelined discussions around advances in technology such as solar, wind, hydroelectric, and geothermal energy. Still, a handful of sustainability advocates attended as guests, business owners, protesters, and speakers. One speaker, Lesil McGuire, senior advisor with New Energy Alaska, an advocacy coalition that promotes renewable energy noted, 'Solar arrays can be propped up in a number of weeks.' As of 2020 solar energy has become cheaper to install and maintain than fossil fuels. Alaska needs energy infrastructure tailored to its unique environment, focused on long-term self reliance through renewable sources. Current examples include solar installations in the Northwest Arctic Borough, microgrid cooperatives, and heat pump incentives in Southeast Alaska. A cursory glance shows Alaska's capacity for renewable energy that could be faster to build and more cost effective than the LNG pipeline. In reality the conference didn't need to be held in Alaska, as Alaskans themselves played a minimal role. Led by Gov. Dunleavy, the 'Alaska Sustainable Energy Conference 2025' resembled government-backed promotion of the oil and gas industry and signaled extraction projects could move forward without oversight and regardless of local stakeholder's needs or opposition. International representatives seemed to be promised fuel for import, and out-of-state corporations appeared to be invited to profit at the expense of Alaska's environment. Renewable energy has been viable for decades and continues to become more efficient. Given a voice and a seat at the table, many Alaskans and Americans would likely favor local, self-sufficient renewables for lower prices and long-term reliability. Natural gas in Alaska will run out in this lifetime, do nothing to reduce costs in the majority of Alaskan communities, and may cause permanent harm to the environment. The United States and Alaska are not in need of a technological revolution in fossil fuels, but an information revolution in renewable energy. It is vitally important that all Alaskan voices are heard. Alaska values pristine wilderness, supports true sustainability, and is not for sale.
Yahoo
07-06-2025
- Automotive
- Yahoo
Lucid signs US graphite supply deal for EV batteries
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Lucid Group has signed a second agreement with Graphite One for U.S.-sourced materials needed for lithium-ion batteries as the electric car maker seeks to strengthen its domestic supply chain, according to a June 4 press release. The latest agreement will provide Lucid and its battery cell suppliers with natural graphite from the Graphite Creek deposit north of Nome, Alaska, where Graphite One expects to begin production in 2028, per the release. The deal complements a 2024 pact in which Graphite One agreed to provide Lucid and its battery cell suppliers with graphite processed for use in battery anodes, starting in 2028, the release said. The active anode material (AAM) would come from Graphite One's planned plant in Warren, Ohio. Lucid has increased U.S.-based battery-electric-vehicle production as part of its strategy for weathering tariff uncertainty. Executives have highlighted the company's efforts to localize critical supplies, including the transition to Panasonic's Kansas battery facility and the sourcing of domestic graphite through partnerships with Graphite One and Syrah Resources. Beginning next year, Syrah will supply AAM from its production facility in Vidalia, Louisiana, under a three-year deal with Lucid, per the release. "A supply chain of critical materials within the United States drives our nation's economy, increases our independence against outside factors or market dynamics, and supports our efforts to reduce the carbon footprint of our vehicles," Lucid interim CEO Marc Winterhoff said in the release. Establishing supplier networks to build EV batteries has been a trend encompassing both traditional automakers and EV-only makers, such as Lucid. For example, Nissan Motor Corp and SK On signed a battery deal in March. The previous deal between Lucid and Graphite One is a non-binding supply agreement, pending Graphite One's commencement of AAM graphite production at the Ohio facility, according to the Canadian company's annual Management's Discussion and Analysis document, filed in April. The plant is Graphite One's first AAM factory, CEO Anthony Huston told Supply Chain Dive. If successful, the Lucid and Graphite One partnership would establish a U.S. source of graphite materials for EV batteries for the carmaker. However, Hunan Chenyu Fuji New Energy Technology, an AAM manufacturer based in Changsha, China, would play a critical role in supporting the partnership. Graphite One signed a technology licensing agreement and a consulting agreement with Chenyu last October, according to the MD&A document. Chenyu agreed to assist in the design, construction and operation of the Ohio facility. Additionally, Chenyu would receive quarterly royalties for its technology used in AAM manufacturing. Graphite One turned to Chenyu for the technology because it doesn't exist in the U.S., Huston said. 'There's no technology in the United States,' Huston said. 'And the reason why is because we haven't had it [graphite production] for 34 years. Once you stop producing something, you lose the ability to have the know-how, and the understanding, and the actual processing side that surrounds it.' Editor's note: This story has been updated to include comments from Graphite One CEO Anthony Huston Recommended Reading Automotive supply chains can benefit from sourcing alliances. Here's why. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
