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Highlights
- Graphite One has advanced its Ohio Active Anode Materials Facility into the detailed engineering phase.
- The company is targeting 25,000 tonnes per year of domestic synthetic graphite production by Q4 2028.
- Progress across engineering, site development and permitting continues to support its integrated U.S. supply chain strategy.
- Its Graphite Creek deposit in Alaska has been recognised by the U.S. Geological Survey as the largest graphite deposit in the United States and among the largest globally.
- Recent milestones reflect continued execution across multiple stages of project development.
Graphite One Inc. (TSX-V:GPH) continues translating its long-term vision into tangible progress as it advances multiple milestones across its U.S.-based battery materials strategy. Over recent months, the company has moved beyond project planning, securing engineering partnerships, advancing site development and progressing permitting activities that collectively bring its vertically integrated graphite supply chain closer to execution. These developments reflect a disciplined approach as Graphite One works toward supplying battery-grade graphite materials for electric vehicles, energy storage systems and other strategic applications.
Ohio Facility Continues to Progress
Graphite One has continued advancing development activities at its strategically located Conneaut, Ohio site. The industrial property offers direct CN rail access, Great Lakes shipping connectivity and existing high-capacity electrical infrastructure, providing logistical and operational advantages for synthetic graphite production.
Geotechnical drilling has already been completed, while environmental assessment and permitting activities are underway with completion targeted during the first quarter of 2027.
The company intends to develop the facility through a phased approach. Phase One targets approximately 10,000 tonnes per year of active anode material finishing and blending operations by the fourth quarter of 2027. A second phase aims to expand production capacity to 25,000 tonnes per year of synthetic graphite and graphitisation output by the fourth quarter of 2028.
This staged development strategy is designed to support earlier customer qualification and progressively advance the broader manufacturing platform.
Moving from Planning to Execution
A significant step in Graphite One's development strategy was the execution of an engineering contract for its planned Active Anode Materials (AAM) manufacturing facility in Conneaut, Ohio. The engagement with a specialist engineering firm is intended to support detailed design and optimisation of manufacturing systems, helping prepare the project for commercial-scale production.
The engineering work is expected to improve equipment integration, production flow, energy efficiency and operational readiness while reducing execution risks. By advancing into the detailed engineering phase, Graphite One is laying the groundwork for a manufacturing platform capable of producing specification-grade active anode materials at commercial scale.
Complementing this milestone, the company also engaged a global production line integration provider to coordinate manufacturing equipment across the planned Ohio facility. The work focuses on ensuring the seamless operation of production systems while supporting future scalability as demand for domestic graphite continues to grow.
Building an Integrated Domestic Supply Chain
Beyond individual project milestones, each recent update contributes to Graphite One's broader strategy of establishing a vertically integrated U.S. graphite supply chain.
The company's development model begins with the Graphite Creek deposit in Alaska, recognised by the U.S. Geological Survey as the largest graphite deposit in the United States and among the largest globally. Material is planned to move through the Port of Nome before being processed into advanced graphite and active anode materials in Ohio. The strategy also includes the potential addition of a co-located recycling facility, subject to project financing.
This integrated approach is intended to reduce reliance on imported graphite while supporting North American battery manufacturing and energy storage industries.
Execution Supported by Industry and Policy Developments
Recent policy developments have also aligned with the company's long-term strategy. Graphite One welcomed a Pentagon report recommending targeted tax credits, co-investment mechanisms and allied technology licensing to strengthen domestic battery equipment manufacturing.
The report highlighted the importance of developing secure battery supply chains and acknowledged the need for greater domestic manufacturing capacity. Graphite One noted that these recommendations align closely with its ongoing efforts to develop graphite processing and active anode material production in Ohio.
Separately, the company's Graphite Creek Project continues progressing under the FAST-41 federal permitting program, with the project remaining on track toward its targeted federal permitting decision by September 2026. Together with engineering, site development and manufacturing activities, these milestones continue advancing the company's integrated development strategy.
Graphite One's recent updates highlight a company increasingly focused on execution. Engineering contracts, production line integration, site development, permitting progress and a clearly defined phased production plan all demonstrate continued advancement toward commercial-scale operations.
With plans targeting up to 25,000 tonnes per year of domestic synthetic graphite capacity and an integrated supply chain spanning Alaska to Ohio, the company continues progressing multiple initiatives designed to support future battery materials production while contributing to the development of a domestic graphite supply chain.
Shares of GPH last traded at CAD 1.00 on July 08, 2026.
