Titan and Army sign term sheet for graphite plant in Alabama

Titan Mining's Empire State Mines unit signed a term sheet with the U.S. Department of the Army for a commercial graphite processing facility on about 97 acres at Anniston Army Depot in Alabama, under an initial 50-year lease with options extending to 100 years.

Why it matters: The framework advances the first domestic graphite purification capacity on a U.S. military installation, a direct move against China's dominant grip on battery-grade graphite processing.

Data as of Company announcement October 7, 2026; terms remain subject to definitive EUL execution, permitting, financing and Titan board approval. Corroborated by Mining.com; the definitive lease is not yet signed.

Titan Mining Corporation said Wednesday its subsidiary Empire State Mines has executed a term sheet with the U.S. Army establishing commercial terms for an Enhanced Use Lease to build a graphite processing facility at Anniston Army Depot. Under the framework, the company would develop, finance, build, own and operate the plant, producing purified micronized graphite in phase one and coated spherical purified graphite after customer qualification, with the Army holding a right of first offer on up to 10 percent of annual output.

The company said diligence continues at Pine Bluff Arsenal in Arkansas and Fort Drum in New York, and that the definitive lease still requires agreement on development plans, environmental and regulatory matters, project financing and board approval.

Titan and Army sign term sheet for graphite plant in Alabama

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