Graphite One (TSX-V:GPH) CEO Anthony Huston says the US executive order is another milestone supporting the company’s long-term vision built around developing its Graphite Creek Project in Alaska.
On 20 July, US President Trump announced an executive order which expands federal efforts to strengthen domestic sourcing of critical materials essential to national defence and advanced manufacturing by reinforcing domestic procurement requirements, reducing reliance on foreign supply chains, accelerating qualification of new domestic suppliers, and improving supply chain transparency.
The US is currently 100% import dependent on natural graphite, which is one of the most strategically important critical minerals supporting defence systems, batteries, artificial intelligence infrastructure, grid-scale energy storage, and advanced manufacturing.
Graphite One believes the executive order further reinforces its strategic importance of establishing a complete domestic graphite supply chain capable of supplying US industries with secure, reliable, and traceable graphite materials from mine to finished advanced graphite materials products.
Huston says Graphite One has been executing a strategy built around a simple premise that the US would require a secure, fully domestic graphite supply chain.
“Graphite One is not developing a single project,” the CEO says.
“We are building an integrated US graphite platform designed to connect America’s largest known graphite resource with domestic advanced anode materials manufacturing and, ultimately, recycling.”
The company is continuing to advance permitting, engineering, financing, and commercial discussions supporting the Graphite Creek Project and the planned Ohio Advanced Anode Materials facility.
Graphite One aims to become a US producer of high-grade anode materials that is integrated with a domestic graphite resource.
Write to Aaliyah Rogan at Mining.com.au
Images: Graphite One
