Titan Mining Secures Capital to Restore Domestic Graphite Production
Gouverneur, Tuesday, 16 December 2025.
This $15 million investment positions Titan to become the first end-to-end US graphite producer in seven decades, marking a pivotal shift for domestic battery supply chains.
Accelerating Domestic Supply Chains
On December 16, 2025, Titan Mining Corporation (TSX:TI, NYSE-A:TII) announced it has secured a US$15 million investment from a leading institutional equity investor to advance its operations in New York State [1][2]. This strategic capital injection is intended to fast-track the Kilbourne Graphite Project, positioning Titan to become the first end-to-end producer of natural flake graphite in the United States in 70 years [1][2]. The financing is structured as a private placement of 6,666,666 special warrants, priced at US$2.25 (C$3.10) per warrant [1]. Each special warrant entitles the holder to one common share and one common share purchase warrant, providing a structured pathway for future equity participation [1].
Structuring the Investment
The attached purchase warrants are exercisable for up to three years and are divided into two tranches, designed with premiums to the initial issue price [1]. The first tranche is priced at a 35% premium, implying an exercise price of 3.038, while the second tranche is set at a 65% premium, resulting in an exercise price of 3.712 [1]. Maxim Group LLC acted as the exclusive placement agent for this offering [2]. This tiered investment structure suggests institutional confidence in the long-term value appreciation of Titan’s assets as they move toward commercial production.
Operational Momentum and Economic Projections
This financial milestone follows significant operational progress at the company’s site in Gouverneur, New York. On December 11, 2025, Titan Mining commenced ore feeding at its Kilbourne graphite demonstration facility, marking a critical step in proving its processing capabilities [4]. The newly secured US$15 million is specifically allocated to complete the Kilbourne Graphite Feasibility Study in 2026 and to advance the project toward the construction phase [1][2]. These developments are supported by strong economic projections released on December 1, 2025, which outlined an after-tax Net Present Value (NPV) of $513 million (at a 7% discount rate) and an Internal Rate of Return (IRR) of 37%, with a payback period of 2.7 years [3].
Strategic Leadership in Critical Minerals
The investment underscores the growing urgency to secure domestic sources for critical minerals essential to the electric vehicle market. Rita Adiani, President and CEO of Titan, described the transaction as a “clear endorsement” of the company’s strategy to re-establish a domestic graphite supply chain [1]. As an existing zinc concentrate producer at the Empire State Mine, Titan is leveraging its operational footprint to pivot toward graphite production, aiming to mitigate reliance on foreign imports and enhance US supply chain security [2].