Titan Mining and U.S. Army Agree to Commercial Framework for Strategic U.S. Graphite Processing Facility

(TSX:TI) Titan Mining Corporation announced that its wholly owned subsidiary, Empire State Mines, LLC (ESM), and the U.S. Department of the Army have executed a term sheet outlining the principal commercial terms for an Enhanced Use Lease (EUL) to develop a critical minerals processing facility on U.S. Army property. The proposed facility would be developed on approximately 97 acres at Anniston Army Depot in Alabama, leveraging established infrastructure, site access, and coordinated utilities planning to support fast-track construction. The facility is designed to produce value-added natural graphite products, including Purified Micronized Graphite (PMG) in phase I and Coated Spherical Purified Graphite (CSPG) following customer qualifications. The initial lease term is 50 years, with two additional 25-year renewal options, providing the potential for up to 100 years of operating tenure, subject to the terms of the definitive EUL. The Army will have a right of first offer to purchase up to 10% of annual facility production of PMG and CSPG, subject to federal procurement requirements and excluding product committed under qualifying offtake, supply, or project-financing arrangements. Project consideration will consist of fair market value base rent and applicable participation rent after commercial operations commence, with a preference for in-kind infrastructure improvements benefiting the Army. The framework is designed to accommodate project financing and provide protections for approved project lenders. Development milestones may be adjusted for permitting, regulatory, or other project circumstances outside ESM’s control. Titan continues diligence at Pine Bluff Arsenal in Arkansas and Fort Drum in New York for additional opportunities. The company is also advancing the Kilbourne Graphite Project, including its ongoing Feasibility Study, customer qualification programs, and commercial development activities. Rita Adiani, President and Chief Executive Officer, stated that the agreement is a significant milestone in Titan’s strategy to build a fully integrated American graphite supply chain, leveraging both the Kilbourne resource and existing infrastructure in New York. Dr. Jeff Waksman, Principal Deputy Assistant Secretary of the Army for Installations, Energy and Environment, emphasized the national-defense priority of processing critical minerals on U.S. soil and noted that the Army’s involvement does not put taxpayer dollars at risk. Next steps include working toward execution of the definitive EUL and completion of remaining project-development requirements, subject to customary conditions such as agreement on development and energy operating plans, environmental and regulatory matters, appraisal and valuation, project financing, Titan Board approval, and applicable Army and Congressional processes.

Titan Mining to Host Q2 2026 Update Call on August 12, 2026

(TSX:TI) Titan Mining Corporation announced it will release its second quarter 2026 financial results before market open on Wednesday, August 12, 2026, and host a quarterly corporate update conference call the same day. The webcast will be held on August 12, 2026, at 11:00 a.m. ET / 8:00 a.m. PT. Titan produces zinc concentrate at its 100%-owned Empire State Mine located in New York State. The company is also the United States' first end-to-end producer of natural flake graphite in 70 years and is advancing graphite and germanium initiatives. Titan has received support from the U.S. Export-Import Bank (EXIM) under its Make More in America Initiative. An archive of the webcast will be available at www.titanminingcorp.com within 24 hours. The company projects to deliver shareholder value through operational excellence, development, and exploration, and to advance domestic critical mineral supply chains.

Titan Mining Validates Kilbourne Graphite Concentrator Flowsheet and Achieves Battery-Grade Purity

(TSX:TI) Titan Mining Corporation announced positive results across its full graphite processing chain for the Kilbourne Graphite Project, confirming Preliminary Economic Assessment (PEA) design assumptions at the concentrator and demonstrating battery-grade purity and above-average yields at the downstream pilot stage. Locked-cycle testing produced a 95.9% C(t) graphite concentrate at 91.4% recovery, exceeding the PEA design basis of 95% concentrate grade and 90% recovery. The preferred purification flowsheet consistently produced battery-grade purified graphite (≥99.90% Fixed Carbon), and approximately 66% of concentrate was converted into spherical graphite products, surpassing the industry average of approximately 50%. Ongoing production at the demonstration plant with a design capacity of 1,200 mt per annum is generating representative Kilbourne concentrate for downstream pilot campaigns, customer qualification, and commercial-scale engineering. Three tonnes of representative Kilbourne graphite concentrate are being prepared for shipment to Dorfner Anzaplan in Germany for the next pilot-scale production campaign. The metallurgical testwork was conducted by SGS in Lakefield, Ontario, Canada, on a Master composite weighing approximately 200 kg. The company projects completion of customer qualification and advancement toward construction, as well as further progress on the Feasibility Study and evaluation of the preferred site location for the Secondary Transformation Plant.

Titan Confirms District-Wide Germanium Enrichment as Critical Mineral Push Expands at Empire State Mines

(TSX:TI) Titan Mining Corporation provided an update on its germanium (Ge) evaluation program at its 100%-owned Empire State Mines property. Sampling across six underground ore bodies and two historic tailings facilities confirmed elevated germanium across the Balmat-Edwards zinc system, with 18.8 million short tons (internal engineering estimate) at Number 4 tailings and five samples ranging from 18.1 to 31.3 ppm. The Edwards tailings facility contains 4.97 million short tons (based on historical mill production records), with two samples ranging from 30.1 to 44.7 ppm. Mud Pond Main has 600,000 short tons in the current mineral resource estimate, with three samples ranging from 4.5 to 85.6 ppm. Current germanium prices are approximately US$6,000/kg (US$6/g; 1 ppm = 1 g/t). The company is advancing to prioritization, mineral deportment and mineralogical studies, and recovery test work, with further updates expected as results become available. Titan Mining is also the only end to end producer of natural flake graphite in the U.S. and has received support from the U.S. Export-Import Bank (EXIM) under its Make More in America Initiative.

Titan Mining Selected by the U.S. Army to Establish First-Ever Public-Private Partnership for Domestic Critical Minerals Processing on  Strategic Defense Installations

(TSX:TI) Titan Mining Corporation announced that its wholly-owned subsidiary, Empire State Mines, LLC (“ESM”), has received Conditional Selection Notices from the U.S. Army for Enhanced Use Lease (“EUL”) opportunities at Pine Bluff Arsenal, Arkansas (~245 acres, primary site) and Anniston Army Depot, Alabama (~97 acres, secondary site). The awards are made under U.S. Army RFP No. DACA27-1-26-204 and the Army’s newly launched Strategic Capital Initiatives (“SCI”) program. ESM will design, finance, build, and operate the Kilbourne Graphite Purification Plant to produce Purified Micronized Graphite (PMG) and Coated Spherical Purified Graphite (CSPG) for defense, energy and industrial applications. The lease term is up to 50 years under 10 U.S.C. § 2667 Enhanced Use Lease authority, with all development, construction, and operating costs borne by ESM and the U.S. Army retaining land title at all times. The project is targeted to commence construction in H2 2027, subject to finalization of Business Terms Agreements with the U.S. Army. The company projects that this effort aims to establish a fully domestic supply chain, entirely free from foreign control. ESM’s selection marks the first commercial graphite purification facility to be sited on U.S. Army installations and the first application of the Enhanced Use Lease authority to a critical mineral processing facility.

Titan Mining Delivers 22% Revenue Growth and Expands U.S. Critical Minerals Platform with Graphite Production

Titan Mining Corporation (TSX:TI) reported strong financial and operating performance for the first quarter ended March 31, 2026. The company produced 14.2 million payable pounds of zinc, generated revenues of $19.6 million (up 22% from Q1 2025), and maintained C1 cash costs of $0.98/lb and AISC of $1.01/lb. Titan commenced end-to-end domestic graphite shipments and advanced evaluation work for potential germanium recovery. The company ended the quarter with a cash balance of $13.8 million, up 13% from Q1 2025, and is advancing a fully funded 40,000 tpa graphite feasibility study.

Titan Mining to Host Q1 2026 Update Call on May 13, 2026

Titan Mining Corporation announced it will release its first quarter 2026 financial results before market open on Wednesday, May 13, 2026, and will host a quarterly corporate update conference call the same day. The company produces zinc concentrate at its 100%-owned Empire State Mine in New York state and is the only end-to-end producer of natural flake graphite in the U.S. An archive of the webcast will be available within 24 hours at www.titanminingcorp.com. Titan is an Augusta Group company and aims to deliver shareholder value through operational excellence, development, and exploration. The company emphasizes its commitment to developing critical minerals assets to enhance the security of the domestic supply chain.