Graphite One Joins Lucid and Domestic Battery Materials Developers Pledging Strategic Collaboration to Promote Domestic Critical Minerals in the U.S. Automotive Supply Chain
Graphite One (OTCQX: GPHOF) has joined forces with Lucid Group and other domestic battery materials developers to form the Minerals for National Automotive Competitiveness (MINAC) initiative. The collaboration, launched during a Capitol Hill event, aims to reduce U.S. dependence on foreign critical minerals in the automotive supply chain.
The partnership builds on G1 and Lucid's existing natural graphite supply agreement and aligns with Graphite One's strategy to develop a complete U.S.-based graphite supply chain. The company's Graphite Creek deposit in Alaska, recognized by USGS as the largest in the U.S., will anchor this initiative. The project includes plans for an advanced graphite material manufacturing plant in Warren, Ohio, along with a co-located recycling facility.
Graphite One (OTCQX: GPHOF) ha unito le forze con Lucid Group e altri sviluppatori nazionali di materiali per batterie per dar vita all'iniziativa Minerals for National Automotive Competitiveness (MINAC). Questa collaborazione, annunciata durante un evento a Capitol Hill, mira a ridurre la dipendenza degli Stati Uniti da minerali critici stranieri nella catena di approvvigionamento automobilistica.
La partnership si basa sull'accordo esistente tra G1 e Lucid per la fornitura di grafite naturale e si allinea con la strategia di Graphite One di sviluppare una filiera completa di grafite negli Stati Uniti. Il giacimento di Graphite Creek in Alaska, riconosciuto dall'USGS come il più grande negli Stati Uniti, sarà il fulcro di questa iniziativa. Il progetto prevede la realizzazione di un impianto avanzato per la produzione di materiali in grafite a Warren, Ohio, insieme a una struttura di riciclo co-locata.
Graphite One (OTCQX: GPHOF) se ha asociado con Lucid Group y otros desarrolladores nacionales de materiales para baterías para formar la iniciativa Minerals for National Automotive Competitiveness (MINAC). La colaboración, presentada durante un evento en Capitol Hill, tiene como objetivo reducir la dependencia de EE.UU. de minerales críticos extranjeros en la cadena de suministro automotriz.
La alianza se basa en el acuerdo existente entre G1 y Lucid para el suministro de grafito natural y está alineada con la estrategia de Graphite One de desarrollar una cadena de suministro completa de grafito dentro de EE.UU. El depósito Graphite Creek en Alaska, reconocido por el USGS como el más grande en EE.UU., será el eje de esta iniciativa. El proyecto incluye planes para una planta avanzada de fabricación de materiales de grafito en Warren, Ohio, junto con una instalación de reciclaje ubicada en el mismo sitio.
Graphite One (OTCQX: GPHOF)는 Lucid Group 및 기타 국내 배터리 소재 개발업체들과 함께 Minerals for National Automotive Competitiveness (MINAC) 이니셔티브를 출범했습니다. 이 협력은 국회의사당 행사에서 발표되었으며, 자동차 공급망에서 미국의 외국산 핵심 광물 의존도를 줄이는 것을 목표로 합니다.
이번 파트너십은 G1과 Lucid 간 기존의 천연 흑연 공급 계약을 기반으로 하며, Graphite One의 미국 내 완전한 흑연 공급망 개발 전략과 일치합니다. 미국 지질조사국(USGS)이 미국 내 최대 규모로 인정한 알래스카의 Graphite Creek 광상이 이 이니셔티브의 중심이 될 것입니다. 이 프로젝트에는 오하이오주 워렌에 첨단 흑연 소재 제조 공장과 함께 같은 부지 내 재활용 시설 설립 계획도 포함되어 있습니다.
Graphite One (OTCQX : GPHOF) s'est associé à Lucid Group ainsi qu'à d'autres développeurs nationaux de matériaux pour batteries afin de créer l'initiative Minerals for National Automotive Competitiveness (MINAC). Cette collaboration, lancée lors d'un événement au Capitole, vise à réduire la dépendance des États-Unis vis-à-vis des minéraux critiques étrangers dans la chaîne d'approvisionnement automobile.
Ce partenariat s'appuie sur l'accord existant entre G1 et Lucid pour la fourniture de graphite naturel et s'aligne sur la stratégie de Graphite One visant à développer une chaîne d'approvisionnement complète de graphite basée aux États-Unis. Le gisement Graphite Creek en Alaska, reconnu par l'USGS comme le plus grand des États-Unis, sera le pilier de cette initiative. Le projet comprend la construction d'une usine de fabrication avancée de matériaux en graphite à Warren, Ohio, ainsi qu'une installation de recyclage adjacente.
Graphite One (OTCQX: GPHOF) hat sich mit Lucid Group und weiteren inländischen Entwicklern von Batteriematerialien zur Initiative Minerals for National Automotive Competitiveness (MINAC) zusammengeschlossen. Die Zusammenarbeit, die bei einer Veranstaltung auf dem Capitol Hill vorgestellt wurde, zielt darauf ab, die Abhängigkeit der USA von ausländischen kritischen Mineralien in der Automobillieferkette zu verringern.
Die Partnerschaft baut auf dem bestehenden Liefervertrag von G1 und Lucid für natürlichen Graphit auf und steht im Einklang mit der Strategie von Graphite One, eine vollständige in den USA ansässige Graphitlieferkette zu entwickeln. Die Graphite Creek Lagerstätte in Alaska, die vom USGS als die größte in den USA anerkannt wird, wird das Herzstück dieser Initiative sein. Das Projekt sieht den Bau einer fortschrittlichen Graphitmaterial-Fabrik in Warren, Ohio sowie einer angrenzenden Recyclinganlage vor.
- Strategic partnership with Lucid Group, a major EV manufacturer
- Graphite Creek recognized as largest graphite deposit in the U.S. by USGS
- Project listed on FAST-41 Federal Permitting Dashboard, facilitating development
- Plans for complete U.S.-based supply chain including manufacturing and recycling facilities
- U.S. currently 100% import dependent for synthetic and natural graphite
- Project still in development phase with no current production
Companies Form "Minerals For National Automotive Competitiveness ("MINAC") Uniting Select Group of Miners and Processors"
Initiative Aligns with G1's
MINAC formally launched today during a Capitol Hill event featuring a roundtable discussion and remarks by
"Graphite One is pleased to be partnered with Lucid via supply chain offtake agreements for both synthetic and natural graphite," said Anthony Huston, CEO of Graphite One. "With MINAC representing domestic developers of the essential rechargeable battery materials and Lucid as an end-user, this agreement marks a significant step towards creating the fully
The formation of the MINAC
Graphite One's Supply Chain Strategy
With
About MINAC
MINAC is a partnership among
About Graphite One Inc.
GRAPHITE ONE INC. continues to develop its Graphite One Project (the "Project"), with the goal of becoming an American producer of high grade anode materials that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade anode materials primarily for the lithium‐ion electric vehicle battery market.
On Behalf of the Board of Directors
"Anthony Huston" (signed)
For more information on Graphite One Inc., please visit the Company's website, www.GraphiteOneInc.com
On X @Graphite One
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements in this release, other than statements of historical facts, including those related to entering MINAC, the anticipated benefits of MINAC in fostering economic growth, future production, establishment of a processing plant and a graphite manufacturing plant, completion of project financing, establishment of a battery materials recycling facility, and events or developments that the Company intends, expects, plans, or proposes are forward-looking statements. Generally, forward‐looking information can be identified by the use of forward‐looking terminology such as "proposes", "expects", "is expected", "scheduled", "estimates", "projects", "plans", "is planning", "intends", "assumes", "believes", "indicates", "to be" or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The Company cautions that there is no certainty that the Company will enter into a definitive agreement with Lucid and even if the Company does enter into such arrangement, that the anticipated outcomes will result. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.
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SOURCE Graphite One Inc.
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