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Highlights
- Graphite One has secured a new Ohio site for its Active Anode Materials facility.
- The Conneaut location offers access to shipping routes, rail connectivity, and existing power infrastructure.
- The company targets Phase One production capacity of 10,000 tonnes per year by Q4 2027.
- The company has delivered commercial-grade anode samples to electric vehicle manufacturers and battery companies.
- Graphite One continues building a vertically integrated U.S.-based graphite and battery materials supply chain.
Graphite One Inc. (TSXV:GPH) (OTCQX:GPHOF) is advancing efforts to build a domestic U.S. battery materials supply chain as North America continues prioritizing localized sources of critical minerals and graphite processing capacity. The company’s latest milestone — securing a new Ohio site for its proposed Active Anode Materials facility — led to a 2.65% rise in its stock price to CAD 1.16, on May 19, 2026.
The new site is located in Conneaut, Ashtabula County, Ohio, and was secured through a license of occupation agreement with Bessemer and Lake Erie Railroad Company, a subsidiary of Canadian National Railway (CN).
The location provides strategic logistical advantages, including direct access to Lake Erie and the Great Lakes shipping corridor, multi-line rail connectivity through CN, existing power infrastructure including an on-site substation, and future expansion capacity.
Chief Operating Officer Mike Schaffner said the site offers the infrastructure, logistics access, and scalability needed to support future production growth and material transportation requirements.
