Titan Mining targets Q4 2025 to become only integrated US graphite producer

[Redator]

Titan Mining Corporation (TSX: TI; OTCQB: TIMCF) announced Monday that over half of the equipment necessary to begin construction of its processing facility for its Kilbourne graphite project has been delivered.  

The company, which is aiming to become the first fully Integrated graphite producer in the US in over 70 years, is developing the Kilbourne project at Empire State Mines LLC, its wholly owned subsidiary in St. Lawrence County, New York. 

Titan, part of the Augusta Group based in Vancouver, Canada, is aiming to expand its 100%-owned Empire State Mines zinc operation, a large complex that comprises one operational mine, six historic mines and a 5,000-tonne-per-day mill. 

In June, the Export-Import Bank of the United States (EXIM) approved a $15.8 million financing to support the company’s zinc and critical minerals portfolio in New York state. In addition to the zinc expansion, the company is also focused on developing the Kilbourne graphite deposit, discovered in 2023. 

There is only one producing graphite mine in North America, Northern Graphite’s Lac des Iles in Quebec.  

The arrival and placement of the ball mill marks another significant milestone in advancing toward operational readiness, Titan said, adding that installation will start in August, with commissioning targeted for Q4 2025.  

The company said over 90% of the equipment is being sourced in North America, a majority from the US, and that the Kilbourne graphite project positions it to be able to meet a majority of projected US graphite demand in key sectors. 

“Graphite is a critical material, yet the U.S. has gone decades without domestic production. The current resource outlined at Kilbourne represents only 8,300 ft of strike length tested of a known total strike length of 25,000 ft. Kilbourne has significant resource expansion potential to meet the demands of U.S, natural flake graphite over a long- term period,” Titan CEO Don Taylor said in a news release.   

“Our facility is a major step toward restoring U.S. industrial graphite capability and delivering a fully Made in America natural graphite product in 2025,” Taylor said.  

Titan said all key operating permits have been secured and the project is on track to deliver domestically sourced and processed natural graphite in Q4 2025, with sales qualification targeted for Q1 2026.