Produces Coated Spherical Purified Graphite (CSPG) and Purified Micronized Graphite (PMG) from the Coosa Graphite Deposit. Uses DEXDG formulation to enhance conductivity and charging speeds. Manufacturing at the ISO-compliant Kellyton plant employs advanced purification and coating processes, with phased expansion boosting capacity to 12,500 t of CSPG annually and a qualification line producing 1 t/day.
Flagship CSPG for lithium-ion battery anodes (over 200 lb graphite per EV battery), DEXDG formulation for improved conductivity and charging, and PMG for lead-acid, alkaline, and lithium primary batteries, all offering high purity and consistency.
Phase I of the Kellyton Graphite Processing Plant near completion with 12,500 t annual CSPG capacity. Partnership with Hiller Carbon to produce 14,000 t/year of graphite fines. Kellyton achieved ISO 9001/14001 certifications. Raised $150 M debt financing and launched $50 M ATM offering in 2025; secured 2024 debt exclusivity agreement.
Public investors hold 90.2%; T. Rowe Price Associates and Vanguard Group hold 7.0%; insiders (Executive Chairman Terence J. Cryan and CFO Steve Cates) hold between 2.8% and 4.3%; public entities hold 3.2%. Cantor Fitzgerald syndicated Phase I debt, and the company secured debt financing via a 2024 agreement.
