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Mining & Metals

Graphite One Secures Ohio Site and Accelerates Towards EV and Energy Storage Battery Material Production with Advances in Offtake Pipeline

Graphite One (GPH.V) secured a site for its Active Anode Materials (AAM) facility in Ohio through a license of occupation agreement with Bessemer and Lake Erie Railroad Company, a unit of Canadian National Railway (CNR.TO, CNI), it said on Tuesday.The site provides direct access to Lake Erie and the Great Lakes shipping corridor, multi-line rail connectivity through Canadian National Railway, existing power infrastructure, including an on-site substation and the capacity for future expansion and scaling. The agreement allows the company to complete due diligence activities on the site and, subject to Graphite One's satisfactory review, proceed with formalizing a lease agreement, it said.Graphite One has decided to cancel the current lease on the Warren property to focus its efforts on the Conneaut location. The company is also advancing development plans for an Ohio finishing and blending facility.The company has entered into discussions regarding potential binding offtake agreements with select participants involved in the sample evaluation process as well.Shares of Graphite One were last seen up 1.8% at $1.15 on the TSX Venture Exchange.Price: $1.16, Change: $+0.03, Percent Change: +2.65%

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Mining & Metals

Graphite One Says Graphite Creek Project Remains "in Progress" Under FAST-41 Permitting Program

Graphite One's (GPH.V) Graphite Creek Project remains "in progress" under the U.S. FAST-41 federal permitting program as the company continues to advance all required federal reviews on schedule, it said on Monday.The Graphite Creek Project planned as an open-pit graphite mine and associated mineral processing plant 60 km north of Nome, Alaska, was accepted as a FAST-41 "covered project" on June 2, 2025.Following the 60-day Coordinated Project Plan (CPP) process, the detailed permitting timetable was publicly posted on August 5, 2025. The CPP established a 13.5-month schedule for the required federal environmental reviews and authorizations, with a projected completion date of Sept. 29, 2026."FAST-41 has delivered exactly what it was designed to do - improved timeliness, predictability, and accountability across multiple federal agencies without changing any environmental or regulatory standards," said chief executive Anthony Huston. "By establishing a coordinated, publicly posted timetable and bringing all agencies together early, FAST-41 is accelerating our ability to develop America's largest graphite deposit and establish a secure, domestic supply chain for lithium-ion battery anode materials and other critical graphite products across a range of technology sectors."Graphite One shares closed down $0.03, to $1.15 on Friday on the TSX Venture Exchange.

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