prismmarketview
Oct 9, 12:21 PM
$TII: U.S. Army term sheet for a graphite processing plant at Anniston Army Depot (AL)
→ ~97-acre Enhanced Use Lease: 50 years plus two 25-year options (up to 100)
→ Phase 1: purified micronized graphite; coated spherical graphite later, once customers qualify the product
→ Army right of first offer on uncommitted output, capped at 10%
→ Feeds from Kilbourne (NY): ~40,000 tpa target in 2028; all federal permits targeted by Aug. 2027
→ EXIM:
$5.5M for feasibility work,
$120M letter of interest (not a commitment)
Caveats: not a final lease. Needs Titan board, Army, and Congressional approvals, plus financing and regulatory agreements. No plant cost or capacity disclosed.
$TII #CriticalMinerals
https://prismmarketview.com/titan-mining-signs-army-term-sheet-for-u-s-graphite-processing-plant/
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