Northwire Canada EditionWednesday, August 19, 2026
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TUF 0.700 +2.9% ALS 62.33 +1.4% COS 0.060 −7.7% STRM 0.440 +1.1% SRC 1.73 −0.6% BAG 0.220 +7.3% ANK 0.340 −2.9% VRB 0.085 +0.0% CPAU 0.140 +0.0% RES 0.025 +0.0% TKO 11.64 +0.3% DCOP 0.075 +7.1% HMR 0.480 −2.0% LITH 0.410 −6.8% MKA 0.750 −2.6% NGC 0.095 −20.8% TUF 0.700 +2.9% ALS 62.33 +1.4% COS 0.060 −7.7% STRM 0.440 +1.1% SRC 1.73 −0.6% BAG 0.220 +7.3% ANK 0.340 −2.9% VRB 0.085 +0.0% CPAU 0.140 +0.0% RES 0.025 +0.0% TKO 11.64 +0.3% DCOP 0.075 +7.1% HMR 0.480 −2.0% LITH 0.410 −6.8% MKA 0.750 −2.6% NGC 0.095 −20.8%
Earnings

Titan Mining Delivers Record Zinc Production in 2025 and Provides Guidance for 2026

Titan pivots to critical minerals as first U.S. graphite production in decades offsets conservative 2026 zinc guidance

By The Northwire Desk — AI Analysis Feb 10, 2026 · 06:00 TI · 5.93 Titan Mining Corporation
Executive Summary

On February 10, 2026, Titan Mining reported record zinc production for 2025, totaling 64.26 million payable pounds, hitting the lower end of its 64–69 million pound guidance. More critically, the company announced the commencement of natural flake graphite production at its Kilbourne facility in January 2026, marking the first end-to-end U.S. production in over 70 years.

2026 Guidance: - Payable Zinc Production: 62–66 million lbs (a slight decrease from 2025 actuals). - AISC: $1.07–$1.17 per payable lb (an increase from the 2025 guidance of $0.98–$1.05). - Graphite: Current operating capacity of 1,200 tonnes per year (tpy) with a ramp-up target to 2,500 tpy. - Germanium: Recovery techniques are being analyzed following discovery in the zinc process stream.

Material Impact

The news is Material - Positive because it validates Titan’s transition from a pure-play zinc miner to a multi-commodity critical minerals producer. While the zinc production guidance for 2026 is conservative and indicates rising costs (AISC up ~9% at the mid-point), the start of graphite production de-risks the company’s long-term strategy.

The successful production of graphite at the 1,200 tpy scale is a prerequisite for securing the $120 million EXIM loan facility required for the 40,000 tpy commercial-scale plant. However, investors should note that the zinc operations are currently in a "development and value optimization" phase, meaning cash flow growth from zinc may stagnate in the short term.

TI · Price
Company Overview

Titan Mining operates the Empire State Mine (ESM) in New York, a high-grade zinc operation. Its flagship growth project is the Kilbourne Graphite Project, co-located at the ESM site. The project aims to produce 40,000 tpy of graphite concentrate, which would supply approximately 50% of current U.S. demand. The company also holds over 120,000 acres of mineral rights in a prolific district with identified Germanium and potential IOCG mineralization.

Read the original news release →

More from Titan Mining Corporation

Aug 12, 2026 · 06:00

Titan’s zinc margins surge on low costs, though a 13-year mine life and pending graphite capex discipline the bull case.

Earnings Aug 05, 2026 · 06:00

Titan secures a conditional offtake agreement with RHI Magnesita for its Kilbourne graphite project, validating the deposit despite ongoing execution risks.

M&A / Property Jul 29, 2026 · 06:00

Titan’s Kilbourne project hit defense-grade graphite LOI levels, though non-binding terms and a 2028 commissioning date delay near-term catalysts.

M&A / Property Jul 15, 2026 · 06:00

Titan validates its graphite flowsheet while relying on zinc cash flow to fund the feasibility study without dilution.

Production / Operations Jul 07, 2026 · 06:00

Titan’s germanium update validates by-product optionality while zinc remains the primary cash engine for the project.

Drill Results Jun 25, 2026 · 17:00

Titan secures a U.S. Army base deal, establishing itself as Washington’s primary partner for domestic graphite purification.

M&A / Property