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.
In section Market Quotes
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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