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    Titan Mining graphite shipments and FS: project scale and capex lens for engineers

    March 12, 2026|

    Reviewed by Joe Ashwell

    Titan Mining graphite shipments and FS: project scale and capex lens for engineers

    First reported on MINING.com

    30 Second Briefing

    Titan Mining has begun shipping graphite concentrate from its 1,200 tpa Kilbourne demonstration plant at the Empire mine in New York, having produced about 1,600 kg for customer qualification, and has launched a fully funded feasibility study for a 40,000 tpa integrated mine-and-processing operation. The Kilbourne deposit carries an open-pit constrained inferred resource of 22 million tonnes at 2.91% Cg (about 653,000 tonnes contained graphite), with 82% of infill and 51% of exploration drilling already completed to upgrade and expand resources. The study will refine final pit design, processing flowsheet, infrastructure and cost estimates, ahead of a targeted construction decision in late 2026 or early 2027, backed by an EXIM Bank letter of interest for up to US$120 million.

    Technical Brief

    • Kilbourne demonstration plant is co-located with Titan’s operating Empire zinc mine in St. Lawrence County, New York.
    • Demo facility nameplate capacity is 1,200 tonnes per annum of graphite concentrate for qualification-scale production.
    • Around 1,600 kg of concentrate has already been produced and dispatched specifically for customer qualification programmes.
    • Feasibility drilling campaign, started late 2025, has 82% of infill and 51% of exploration holes completed.
    • Open-pit constrained inferred resource totals 22 Mt at 2.91% Cg, equating to 653,000 t contained graphite.
    • EXIM Bank letter of interest contemplates up to US$120 million project financing under “Make More in America”.
    • Feasibility scope includes final pit design, reserve conversion, flowsheet optimisation, infrastructure layout and detailed capex/opex estimates.
    • Construction start is pencilled for 2027, contingent on feasibility outcomes, permitting progress and securing project finance.

    Our Take

    A 22-million-tonne inferred resource at 2.91% Cg in New York state positions Kilbourne towards the higher end of North American graphite grades in our database, which could materially improve project economics once infill drilling (now 82% complete) upgrades confidence.

    The US$120 million EXIM letter of interest signals that Kilbourne is being framed as a strategic domestic supply asset in the United States, which may ease future offtake and permitting discussions compared with non-US graphite projects in our coverage.

    Titan Mining’s C$457 million market capitalisation versus the scale of the Kilbourne graphite project suggests that successful feasibility work through late 2026–early 2027 could be a key rerating catalyst, especially given its existing cash-flowing zinc operations at Empire State Mine.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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