Titan Mining's subsidiary, Empire State Mines, has signed a preliminary agreement with the US Army to develop a graphite processing facility at Anniston Army Depot, Alabama. The plant will produce purified micronized graphite for defense and industrial uses, with plans to expand into battery-grade graphite. The deal includes a 50-year lease with options to extend up to 100 years, supporting US efforts to reduce reliance on China for critical minerals. Construction is expected to start in the second half of 2027, establishing a domestic graphite supply chain.
Titan Mining's subsidiary signing a US Army deal for a graphite facility is context for Basic Materials sector trends. As of Oct 07, 2026 21:51 WIB, all 38 priced Basic Materials-sector US stocks on Pluang fell. Teck Resources traded at USD 65.20 with a 1-day change of -2.83%.
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