Titan Mining Corporation has secured Conditional Selection Notices from the U.S. Army to develop the first commercial graphite purification facility on defense installations, marking a significant step toward reducing American reliance on foreign supply chains. The company's wholly-owned subsidiary, Empire State Mines, was chosen under the Army's Strategic Capital Initiatives program to pursue Enhanced Use Leases at Pine Bluff Arsenal in Arkansas and Anniston Army Depot in Alabama. This initiative directly addresses the United States' 100% import reliance on natural flake graphite and challenges China's control over more than 90% of global battery-grade graphite processing capacity.

The awards were issued under U.S. Army RFP No. DACA27-1-26-204 and align with Executive Order 14241, which directs the deployment of domestic mineral processing infrastructure on military bases. Pine Bluff Arsenal, covering approximately 245 acres, is designated as the primary site, while Anniston Army Depot, spanning about 97 acres, will serve as the secondary site. Empire State Mines will design, finance, build, and operate the Kilbourne Graphite Purification Plant to produce Purified Micronized Graphite and Coated Spherical Purified Graphite for defense, energy, and industrial applications.

Project Structure and Terms

The partnership utilizes the Enhanced Use Lease authority under 10 U.S.C. § 2667, allowing the Army to lease underutilized land to private partners for up to 50 years. The U.S. Army retains ownership of the land throughout the lease term, while Empire State Mines bears all costs associated with development, construction, operation, and eventual decommissioning. Instead of cash rent, the company will provide in-kind consideration through infrastructure improvements at the host installations, benefiting military personnel and base operations.

Strategic Implications

Rita Adiani, President & CEO of Titan Mining, emphasized the national security importance of the project, stating that the awards mark a turning point in ending dependence on Chinese-controlled supply chains. The facility aims to establish a fully domestic supply chain for critical minerals, which are essential for munitions, missiles, sensors, energy storage, and electric vehicles. The conditional selection represents the first application of the Enhanced Use Lease authority to a critical mineral processing facility, potentially creating a replicable model for future projects across the defense estate.

Negotiations for Business Terms Agreements are currently underway, with construction targeted to commence in H2 2027. All project activities will comply with federal requirements, including Davis-Bacon prevailing wage provisions and Buy American Act requirements. Titan Mining, currently a zinc concentrate producer in upstate New York, positions itself as the only end-to-end producer of natural flake graphite in the United States.

Titan Mining Corporation shareholders approved all matters presented for approval at the annual meeting held on June 25, 2026. The approvals included setting the number of directors at seven, electing each of the seven nominees, and re-appointing Ernst & Young LLP, Chartered Professional Accountants, as auditors for the ensuing year. The board of directors is authorized to fix the auditors' remuneration.

Election Results

All seven director nominees received majority support from shareholders. The detailed voting results for the election of directors are as follows:

Company Overview

Titan Mining Corporation is an Augusta Group company and a zinc concentrate producer at its 100%-owned Empire State Mine in New York state. The company is also the only end-to-end producer of natural flake graphite in the United States. Titan aims to deliver shareholder value through operational excellence, development, and exploration, with a focus on critical minerals assets to enhance domestic supply chain security.