The leases, which span up to 50 years, signal a deepening collaboration between private industry and the Pentagon. This project sits at the center of a broader federal mandate to bolster domestic mineral refining capabilities. By localizing production, the military aims to insulate its supply chain from the volatility of foreign-controlled markets. Titan Mining confirmed the initiative late Thursday, positioning the Alabama sites as the cornerstone of their efforts to expand domestic production capacity.
Titan Mining Stock Jumps 39% on U.S. Army Graphite Deal
A 39% premarket surge pushed Titan Mining shares to $3.10 on Friday, reversing a 25% year-to-date slide after the company secured long-term leases from the U.S. Army. The agreement grants the miner space at two Alabama military bases to construct a domestic facility for purifying graphite, a critical battery material.
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