Latest news with #GraphiteOne
Cision Canada
05-08-2025
- Business
- Cision Canada
Graphite One's Graphite Creek Coordinated Project Plan Posted on the FAST-41 Federal Permitting Dashboard
Coordinated Project Plan (CPP) Brings All Participating Federal Agencies and the Company Together to Identify and Publicly Post All Project Reviews, Authorizations and Timelines Coordinated Plan Establishes Graphite Creek Permitting Timeline at 13.5 Months G1's listing on the FAST-41 Dashboard Aligns with the Presidential Critical Mineral Executive Orders calling for "Immediate Measures to Increase American Mineral Production" and "Unleashing Alaska's Extraordinary Resource Potential" VANCOUVER, BC, Aug. 5, 2025 /CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (" Graphite One", the " Company", or "G1"), is pleased to announce that the Company's Graphite Creek project (the " Project") – the upstream anchor for G1's complete U.S.-based advanced graphite supply chain (" Graphite Creek")– has completed the FAST-41 60-day Coordinated Project Plan (" CPP") process, with the resulting plan for reviews, authorizations and timeline posted on the FAST-41 Federal Dashboard, which can be accessed here. Graphite One's project is the first Alaskan mining project to be listed on the FAST-41 Dashboard. "The ability to coordinate with all participating federal agencies involved in our permitting, develop a transparent plan for the process and post that plan publicly is a testament to the FAST-41 process and the predictability and transparency it provides," said Anthony Huston, CEO of Graphite One. "With President Trump's Critical Mineral and Alaska Executive Orders, Graphite One is positioned at the leading edge of a domestic Critical Mineral renaissance that will power transformational applications from energy and transportation to AI infrastructure and national defense." FAST-41 CPP: Established pursuant to Title 41 of the Fixing America's Surface Transportation Act (FAST-41), the CPP is a concise plan for coordinating public and agency participation in, and completion of, any required federal environmental reviews and authorizations for the Project. The CPP is developed by the lead/facilitating agency, in consultation with each coordinating and participating agency. FAST-41 encourages lead/facilitating agencies to have preliminary engagement with project sponsors when developing CPPs. The CPP contains: A list of, and roles and responsibilities for, all entities with environmental review or authorization responsibilities for the Project. A permitting timetable that includes intermediate and final completion dates for action by each agency on any federal environmental review or authorization required for the Project, and to the maximum extent practicable, the dates by which State permits, reviews and approvals must be made. A discussion of potential avoidance, minimization, and mitigation strategies, if required by applicable law and known. Plans and a schedule for public and tribal outreach and coordination, to the extent required by applicable law. Graphite One's domestic supply chain is planned to produce graphite concentrate from the Graphite Creek deposit North of Nome, Alaska and Anode Active Material at a facility to be constructed in Warren, Ohio, subject to financing. FAST-41 status follows publication of Graphite One's Feasibility Study (" FS") filed on April 23, 2025, which, with the support of the Department of Defense Production Act (DPA) award, was completed 15 months ahead of schedule. The annual graphite concentrate capacity of the Graphite Creek Mine in the FS was increased from that in the 2022 Pre-Feasibility Study (" PFS") – from 53,000 tpy to 175,000 tpy while maintaining a 20-year mine life. Measured plus Indicated Resources increased to 322% of the PFS resource. The FS, effective March 25, 2025, projects a post-tax internal rate of return of 27%, using an 8% discount rate, with a net present value of $5.03 billion and a payback period of 7.5 years. FAST-41 streamlines the permitting process by providing improved timeliness and predictability by establishing publicly posted timelines and procedures for federal agencies, reducing unpredictability in the permitting process. FAST-41 also provides issue resolution mechanisms, while the federal permitting dashboard allows all project stakeholders and the general public to track a project's progress, including periods for public comment. The filing of the FAST-41 CPP received support from the following federal officials: "As Alaska's first Critical Mineral mining project on the FAST-41 Dashboard, Graphite One is blazing the trail for projects that contribute not only to the American economy but to our national security," said Alaska Governor Mike Dunleavy. "In the 21st Century, the wealth of nations - their ability to provide opportunities for their people, their ability to remain safe in a dangerous world - depends on access to the resources that power our technologies. For our nation, the message is clear: There is no path forward to American Energy Dominance without the minerals, metals and natural gas resources Alaska has in abundance." "I thank the Permitting Council for recognizing the strategic importance of the Graphite One project and for moving quickly to add it to the FAST-41 dashboard—the first Alaskan mining project on the dashboard," said Alaska Senator Lisa Murkowski. "As China continues to restrict the United States' supply of critical minerals, it is crucial for Graphite One to advance without delay. This is North America's largest deposit of natural graphite, foundational to any effort to rebuild our domestic supply chains, and we now have a concrete timeline of 13.5 months for federal agencies to bring it through the permitting process." "FAST-41 is designed to provide speed, transparency, and accountability for all groups involved in permitting and approving projects like those offered by Graphite One, and it's encouraging to see G1 complete this process within the allotted 60 day window," said Nick Begich, Congressman for All Alaska. "Domestic supply chains for critical minerals are cornerstone requirements for domestic production and national security. G1 is blazing a trail for additional efforts of this kind - demonstrating how we can work across governmental jurisdictions to unlock the full potential of Alaska for the benefit of all Americans." "Graphite Creek is critical to achieving President Trump's energy dominance agenda and is exactly the kind of project that can benefit from the transparency and accountability that comes with FAST-41," said Emily Domenech, Executive Director, Federal Permitting Improvement Steering Council (FPISC). "Our team worked with federal agencies to develop an efficient and responsible permitting timetable, and we are ready to partner with Graphite One to get this project to construction." Graphite One's Complete U.S.-Based Supply Chain Strategy The Project is planned as an integrated business operation to produce lithium-ion battery anode materials and other graphite products for the U.S domestic market on a commercial scale using primarily natural graphite from Alaska. The Project combines the operation of an advanced graphite manufacturing facility to be located in Warren Ohio, subject to financing, with the supply of natural flake graphite from the Company's proposed Graphite Creek Mine in Alaska. The resources associated with the Company's Alaska State mining claims were cited by the U.S. Geological Survey in January 2022 as America's largest natural graphite deposit 1, and in 2023, "as among the largest in the world." This precedes the FS-verified deposit amount increase. The Company entered into a non-binding letter of interest with the EXIM Bank in September 2024 for a potential $325 million loan to fund the Ohio manufacturing facility. About the Permitting Council and FAST-41 Established in 2015 by Title 41 of FAST-41, the Permitting Council is a federal agency charged with improving the transparency and predictability of the federal environmental review and authorization process for certain critical infrastructure projects. The Permitting Council is comprised of the Permitting Council Executive Director, who serves as the Council Chair; 13 federal agency Council members (including deputy secretary-level designees of the Secretaries of Agriculture, Army, Commerce, Interior, Energy, Transportation, Defense, Homeland Security, and Housing and Urban Development, the Administrator of the Environmental Protection Agency, and the Chairs of the Federal Energy Regulatory Commission, Nuclear Regulatory Commission, and the Advisory Council on Historic Preservation); and the Chair of the White House Council on Environmental Quality and the Director of the Office of Management and Budget. The Permitting Council coordinates federal environmental reviews and authorizations for projects that seek and qualify for FAST-41 coverage. FAST-41 covered projects are entitled to comprehensive permitting timetables and transparent, collaborative management of those timetables on the Federal Permitting Dashboard. FAST-41 covered projects may be in the energy production, electricity transmission, energy storage, surface transportation, aviation, ports and waterways, water resource, broadband, pipelines, manufacturing, mining, carbon capture, semiconductors, artificial intelligence and machine learning, high-performance computing and advanced computer hardware and software, quantum information science and technology, data storage and data management, and cybersecurity sectors. The Permitting Council also serves as a federal center for permitting excellence, supporting federal efforts to improve infrastructure permitting including and beyond FAST-41 covered projects to the extent authorized by law, including activities that promote or provide for the efficient, timely, and predictable completion of environmental reviews and authorizations for federally-authorized infrastructure projects. 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 and process natural graphite, and to manufacture artificial and natural graphite anode materials primarily for the lithium‐ion electric vehicle battery and energy storage markets. On Behalf of the Board of Directors "Anthony Huston" (signed) For more information on Graphite One Inc., please visit the Company's website, On X @GraphiteOne 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
Yahoo
02-08-2025
- Automotive
- Yahoo
Lucid Group (LCID) Forms Minerals Collaboration Boosting US National Competitiveness
Lucid Group recently announced significant moves, including partnering with key mineral producers and updating the 2026 Lucid Air lineup, which may have contributed to its 21% share price increase over the last month. The formation of the Minerals for National Automotive Competitiveness Collaboration (MINAC) and partnerships with companies like Graphite One and Electric Metals highlight a push towards securing domestic mineral resources, aligning with the U.S. policy focus. Despite broader market fluctuations marked by tariff uncertainties and weak job growth reports, Lucid's strategic partnerships and product enhancements likely offset general market trends, providing resilience and driving positive investor sentiment. Lucid Group has 3 risks (and 1 which is concerning) we think you should know about. Find companies with promising cash flow potential yet trading below their fair value. The recent announcement of Lucid Group's partnerships and product updates potentially sets a robust foundation for future growth. The alignment with key mineral producers through initiatives like MINAC underscores a strategic push towards securing essential resources, which could mitigate supply chain vulnerabilities and support long-term revenue growth. The introduction of the updated 2026 Lucid Air lineup might bolster sales prospects, reflecting positively on future earnings forecasts. These developments aim to enhance operational efficiency and product appeal, critical factors in driving revenue growth expectations. Over the past year, Lucid's total shareholder return, including share price and dividends, was a 24.77% decline. This longer-term performance contrasts with the more favorable 21% share price increase over the last month, suggesting a recovery from previous lows. Relative to the broader market and the US Auto industry, Lucid underperformed, with the market returning 16.8% and the industry 34% over the same period. Despite the recent upturn, the share price remains below consensus expectations, with the current price of US$2.46 slightly under the analyst target of US$2.68. This price movement reflects investor caution, possibly due to ongoing profitability challenges and market uncertainties. As Lucid continues to enhance its lineup and secure strategic resources, aligning with expected revenue growth, investors will likely monitor these dynamics closely. Learn about Lucid Group's future growth trajectory here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LCID. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Hamilton Spectator
23-07-2025
- Business
- Hamilton Spectator
Graphite One Announces Marketed Equity Offering Up to C$18 Million
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) — Graphite One Inc. (TSX‐V: GPH; OTCQX: GPHOF) ('Graphite One', 'G1' or the 'Company') is pleased to announce that it has entered into an agreement with a syndicate of agents led by BMO Capital Markets to market on a best-efforts basis by way of a private placement, up to C$18 million of units (the 'Offering') consisting of one common share and one-half of one common share purchase warrant ('Warrant') of the Company (a 'Unit'), at an indicative price of C$0.90 per Unit (the 'Issue Price'). Each Warrant will entitle the holder to acquire one common share from the Company at a price of C$1.25 per share for a period of 12 months following the Closing Date (as defined below). The Company also granted the Agents an option, exercisable in whole or in part, at any time up to 48 hours prior to the Closing Date, to purchase, or arrange for the purchase of, up to an additional 15% of the Units (the 'Additional Units') at the Issue Price and otherwise on the same terms and conditions as the Units. The Company intends to use the net proceeds of the Offering for environmental studies and other permitting related activities on the Graphite Creek property, a Chenyu milestone payment and for general working capital purposes Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ('NI 45-106'), the Units are being offered for sale to purchasers resident in all provinces of Canada in reliance on the 'listed issuer financing exemption' from the prospectus requirement available under Part 5A of NI 45-106, as amended by the Canadian Securities Administrators' Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption ('Listed Issuer Financing Exemption'). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The Offering is expected to close on or about August 8, 2025 ('Closing Date') and is subject to Graphite One receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange. There is an offering document related to the Listed Issuer Financing Exemption that can be accessed under the Company's profile at and at . Prospective investors should read this offering document before making an investment decision. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. 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 and process natural graphite and to manufacture artificial and natural graphite anode active materials primarily for the lithium‐ion electric vehicle battery and energy storage markets. For more information on Graphite One Inc., please visit the Company's website, or contact: Anthony Huston CEO, President & Director Tel: (604) 889-4251 Email: AHuston@ Investor Relations Contact Tel: (604) 684-6730 GPH@ 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. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws. All statements in this release, other than statements of historical facts, including, but not limited to, statements regarding the total proceeds of the Offering, the expected use of proceeds of the Offering, the closing of the Offering and timing thereof, the receipt of all necessary regulatory approvals and any 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 of the anticipated timeline of the Offering, that the Company will raise the anticipated amount of gross proceeds of the Offering, that the Company will use the proceeds of the Offering as anticipated or that the Offering will close. 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 .
Toronto Star
23-07-2025
- Business
- Toronto Star
Graphite One Announces Marketed Equity Offering Up to C$18 Million
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) — Graphite One Inc. (TSX‐V: GPH; OTCQX: GPHOF) ('Graphite One', 'G1' or the 'Company') is pleased to announce that it has entered into an agreement with a syndicate of agents led by BMO Capital Markets to market on a best-efforts basis by way of a private placement, up to C$18 million of units (the 'Offering') consisting of one common share and one-half of one common share purchase warrant ('Warrant') of the Company (a 'Unit'), at an indicative price of C$0.90 per Unit (the 'Issue Price').
Cision Canada
23-07-2025
- Automotive
- Cision Canada
Graphite One Joins Lucid and Domestic Battery Materials Developers Pledging Strategic Collaboration to Promote Domestic Critical Minerals in the U.S. Automotive Supply Chain
Companies Form "Minerals For National Automotive Competitiveness ("MINAC") Uniting Select Group of Miners and Processors" Initiative Aligns with G1's 100% U.S.-Based Advanced Graphite Materials Supply Chain Strategy and White House Executive Orders on Critical Minerals VANCOUVER, BC, July 23, 2025 /CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (" Graphite One", the " Company", or "G1"), is pleased to announce that the Company has entered into a Memorandum of Understanding (" MoU") with Lucid Group, Inc (" Lucid"), maker of the world's most advanced electric vehicles. This agreement has been signed as part of the formation of MINAC -- Minerals for National Automotive Competitiveness -- a collaborative aimed at fostering economic growth while reducing U.S. over-reliance on foreign supplies of critical minerals within the automotive supply chain. MINAC formally launched today during a Capitol Hill event featuring a roundtable discussion and remarks by Arizona Governor Katie Hobbs, Alaska Senator Dan Sullivan, Alaska Representative Nick Begich and Arizona Representative Andy Biggs in Washington, D.C. "Graphite One is pleased to be partnered with Lucid via supply chain offtake agreements for both synthetic and natural graphite," said Anthony Huston, CEO of Graphite One. "With MINAC representing domestic developers of the essential rechargeable battery materials and Lucid as an end-user, this agreement marks a significant step towards creating the fully U.S.-based supply chain that is an indispensable element of U.S. energy dominance." The formation of the MINAC U.S. battery materials collaborative follows G1 and Lucid's natural graphite supply agreement, announced in Anchorage, Alaska at Governor Mike Dunleavy's Alaska Sustainable Energy Conference in June here, and Graphite One's listing of Graphite Creek as Alaska's first mining project on the FAST-41 Federal Permitting Dashboard here and fifth mining project overall at the time of listing. 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 MINAC MINAC is a partnership among U.S. mineral and automotive producers to develop the domestic supply chains that will support national security and enable American energy leadership. The collaboration promotes the use of the United States' vast mineral resources to create jobs, fuel prosperity, and significantly reduce reliance on foreign nations within the automotive supply chain; potentially unlocking billions in investment in mining, minerals processing, and derivative products manufacturing. 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, On X @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 entering MINAC, the anticipated benefits of MINAC in fostering economic growth, future production, establishment of a processing plant and a graphite manufacturing plant, completion of project financing, establishment of a battery materials recycling 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 Company will enter into a definitive agreement with Lucid and even if the Company does enter into such arrangement, that the anticipated outcomes will result. 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
