Titan Mining Validates Kilbourne Graphite Concentrator Flowsheet and Achieves Battery-Grade Purity

Titan Mining Corporation announced the metallurgical validation of the Kilbourne Graphite Project concentrator flowsheet, confirming the design assumptions outlined in the Preliminary Economic Assessment (PEA). Locked-cycle flotation testing delivered a concentrate grade of 95.9% at a 91.4% recovery rate, exceeding the PEA targets of 95% grade and 90% recovery.

Purification test work identified a flowsheet capable of producing battery-grade purified graphite with at least 99.90% Fixed Carbon. This process yields spherical graphite at approximately 66%, surpassing the industry average of roughly 50%. Thermal pretreatment further achieved 99.99% Fixed Carbon for spherical purified graphite, making the material suitable for lithium-ion battery anodes.

Engineering efforts are advancing for both the concentrator and the Secondary Transformation Plant, with vendor testing currently finalizing equipment sizing. The 1,200 tpa demonstration plant is producing representative material for customer qualification and pilot campaigns, with three tonnes already shipped to Germany for next-phase testing. Site evaluation for the Secondary Transformation Plant continues, referencing a June 25, 2026 announcement.

The release serves as a technical validation that de-risks the Feasibility Study by confirming metallurgical performance and downstream processing yields. It does not change capital requirements, construction timelines, or revenue profiles. The Preliminary Economic Assessment already assumed approximately 90% recovery and battery-grade output; today's results simply confirm those assumptions with a modest yield uplift. The market has already priced in the PEA economics, EXIM financing support, and the AD/CVD duty environment. This update is expected progress rather than a new catalyst.

Titan Mining Corporation’s Empire State Mines (ESM) is an underground zinc operation located in Gouverneur, New York, featuring established infrastructure and a workforce of more than 160 employees. The site engages in multi-zone mining across the Mahler, New Fold, Mud Pond, and N2D areas.

The company’s Kilbourne Graphite Project is an open-pit deposit situated less than one mile from the ESM mill. A demonstration plant commissioned in the fourth quarter of 2025 is producing concentrate for qualification, while a feasibility study is underway for a 40,000 tons per annum integrated mining and processing facility.

Additionally, the Parish Target represents an early-stage exploration area within the Balmat-Edwards district, focusing on geophysics and soil sampling. This dual-commodity strategy leverages zinc cash flow to fund graphite development, positioning Titan as the first fully integrated U.S. natural flake graphite producer in over 70 years.