Graphite One Inc. is a U.S.-based company developing a complete graphite supply chain to meet growing global demand for high-quality graphite materials. The company owns and operates America’s largest high-quality graphite deposit, Graphite Creek, located on Alaska’s Seward Peninsula. Their integrated approach encompasses mining, processing, and manufacturing of advanced graphite materials, specifically targeting the electric vehicle (EV) battery and energy storage markets.
The company’s strategic position in the U.S. market addresses critical supply chain needs, as domestic graphite production becomes increasingly important for energy independence. With projections from the World Bank Group indicating a 494% increase in graphite demand by 2050, Graphite One’s development of domestic resources positions it as an essential supplier in the growing market.
Battery Technology
Graphite One’s technical focus centers on producing high-grade graphite materials for lithium-ion battery anodes. Their processing capabilities start with mining operations that extract approximately 4 million tonnes of material annually, of which 1 million tonnes contains 7% graphite mineralization. This material undergoes processing to produce 60,000 tonnes of graphite concentrate at 95% carbon grade annually.
The company’s manufacturing facility, planned for Warren, Ohio, will process this concentrate into battery-grade materials with 99.95% purity. The facility aims to produce 41,850 tonnes of battery-grade carbon spheroid graphite (CSG) annually, specifically engineered for EV battery applications. This manufacturing process incorporates advanced purification methods and precise control systems to meet strict quality requirements for battery manufacturers.
Through collaboration with Hunan Chenyu Fuji New Energy Technology Co. Ltd., Graphite One has access to advanced anode active material (AAM) manufacturing technology. This partnership enables the production of sophisticated graphite materials that meet specific performance requirements for fast-charging capabilities and high energy density in modern battery systems.
Recent Projects
In January 2025, Graphite One received support from new Executive Orders focusing on domestic critical mineral production. The company is finalizing its Feasibility Study for the Graphite Creek project, expected to complete in Q1 2025, accelerated by U.S. Department of Defense support. Additionally, Graphite One secured a $37.5 million grant from the Department of Defense and received a potential $325 million Letter of Interest from the EXIM Bank for their U.S.-based materials supply chain project.
Investors
Bering Straits Native Corporation (BSNC) has invested $2 million in Graphite One, with an option to invest an additional $8.4 million. Taiga Mining Co., Inc. maintains a significant 29.36% ownership stake in the company. The U.S. Department of Defense has provided substantial support through a $37.5 million grant, demonstrating government commitment to domestic graphite production.
Business Details
Location: Vancouver, BC, Canada
Website: https://graphiteoneinc.com
LinkedIn: https://www.linkedin.com/company/graphite-one-inc
