Graphite One Resources
Graphite One is a Canadian development-stage mining and materials company building a vertically integrated U.S. graphite supply chain, from the Graphite Creek deposit in Alaska to an Active Anode Materials manufacturing facility in Conneaut, Ohio, serving electric vehicle OEMs, battery manufacturers, defense, and energy storage customers.
- Company typePublic
- Founded2006
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Graphite One Resources does
Graphite One Inc. (TSX-V: GPH, OTCQX: GPHOF) is a Canadian-domiciled, development-stage mining and advanced materials company building what it describes as the only vertically integrated U.S.-based graphite supply chain, anchored by the Graphite Creek deposit in Alaska — recognized by the USGS as the largest known natural graphite deposit in the United States and one of the largest globally. The company plans to mine and process natural graphite concentrate at Graphite Creek (20-year mine life based on exploration of only 12% of the 9.5-mile geophysical anomaly) and convert it into battery-grade Active Anode Materials (AAM) at a phased manufacturing facility in Conneaut, Ohio, with Phase 1 targeting 10,000 tonnes/year by Q4 2027 and Phase 2 targeting 25,000 tonnes/year of synthetic graphite capacity by Q4 2028. The Ohio site, secured via a license of occupation with Bessemer & Lake Erie Railroad (a CN Railway subsidiary), offers Lake Erie/Great Lakes shipping access, multi-line rail, and existing on-site power infrastructure.
The technology stack combines mining and concentration at Graphite Creek with proprietary downstream processing under an exclusive license to patented natural graphite conversion technologies, plus duplicated commercial-scale artificial/synthetic graphite manufacturing capabilities. AAM production includes finishing, coating, blending, and graphitization operations, with customized formulations for energy storage, fast-charging, and high-energy-density lithium-ion battery applications, including optional incorporation of silicon and SiO. A co-located battery material recycling facility is contemplated for the Ohio site. A Feasibility Study values the project at a $6.4 billion pre-tax NPV (8% discount), 30% pre-tax IRR, and a 7.3-year payback.
Graphite One is pre-revenue, with commercial sales contingent on first production at Ohio in Q4 2027. Its go-to-market is enterprise field sales targeting electric vehicle OEMs and battery manufacturers through direct engagement, sample qualification, and binding offtake negotiations; the company has signed non-binding supply agreements with Lucid Group for both synthetic (2024) and natural (2025/2026) graphite AAM and reports active qualification testing with three unnamed EV OEMs and three unnamed battery companies. Revenue is intended to be derived from long-term offtake agreements, supported by a strong policy and capital structure including US$42 million in prior DoD Title III and DLA funding, US$2.07 billion in non-binding EXIM Bank Letters of Interest, FAST-41 federal permitting status, direct investment from three Alaska Native Regional Corporations, and participation in the MINAC coalition with Lucid Group, Alaska Energy Metals, Electric Metals USA, and RecycLiCo. The company holds a market capitalization of approximately CA$248.7 million (US$182.2 million) as of May 21, 2026, with 208.97 million shares outstanding.
Graphite One Resources firmographics
Firmographics- Name
- Graphite One Resources
- Legal name
- Graphite One Inc.
- Website
- https://graphiteoneinc.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Graphite One is a Canadian development-stage mining and materials company building a vertically integrated U.S. graphite supply chain, from the Graphite Creek deposit in Alaska to an Active Anode Materials manufacturing facility in Conneaut, Ohio, serving electric vehicle OEMs, battery manufacturers, defense, and energy storage customers.
- Ownership category
- akta.pro rank
Graphite One Resources industry classification
Industry- Product category
- Graphite Mining and Battery Anode Materials
- NAICS
- Carbon and Graphite Product Manufacturing (335991), Battery Manufacturing (33591)
- SIC
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290)
- akta.pro primary industry
- Natural Graphite Mining & Concentrates (IMAKAFAD)
- akta.pro secondary industries
- Anode Materials Manufacturing (Graphite, Silicon, LTO) (EUAFABAC), Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
Keywords
Where Graphite One Resources is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Graphite One Resources business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Active Anode Materials Sales: Revenue from selling Active Anode Materials (AAM) to electric vehicle manufacturers, battery companies, and energy storage system producers. The company plans to produce both natural graphite AAM (from Graphite Creek ore) and synthetic/artificial graphite AAM (from petroleum cokes and pitches). Revenue will be derived from long-term offtake agreements with major customers. As a development-stage company, commercial revenue generation is projected to begin upon completion of Phase 1 production at the Ohio facility in Q4 2027.
- Natural Graphite Concentrate Sales: Revenue from mining and selling natural graphite concentrate from the Graphite Creek deposit in Alaska. At full capacity, the Secondary Treatment Plant aims to process 175,000 tonnes of natural graphite and produce 256,000 tonnes of manufactured graphite products annually. The mine has a 20-year operational life based on current resource estimates.
- Potential Recycling Operations: Future potential revenue from a co-located recycling facility at the Ohio site to recover graphite and other battery materials, supporting a circular economy approach and potentially providing additional raw material inputs for AAM production.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Graphite One Resources product offering
Product offeringCore offering
Graphite One is developing a vertically integrated U.S.-based graphite supply chain. It plans to mine natural graphite at its Graphite Creek deposit in Alaska (the largest known graphite deposit in the U.S.) and manufacture both natural and synthetic/artificial Active Anode Materials (AAM) for lithium-ion batteries at a facility in Conneaut, Ohio, targeting EV manufacturers, battery companies, and defense customers.
Product overview
Graphite One Resources is developing a vertically integrated U.S.-based graphite supply chain consisting of three interconnected components: (1) the Graphite Creek Project in Alaska, the largest known graphite deposit in the U.S., which will mine and process natural graphite; (2) the Active Anode Materials (AAM) manufacturing facility in Conneaut, Ohio, which processes both natural graphite from Alaska and synthetic/artificial graphite into battery-grade anode materials; and (3) planned battery material recycling operations. The company produces natural graphite products, artificial/synthetic graphite products, and AAM in various forms (energy storage, fast-charging, high-energy-density materials) for lithium-ion batteries serving electric vehicles, energy storage systems, and defense applications.
Differentiator
Problem solved
Functional benefit
Products and services
- Active Anode Materials (AAM) Battery-grade graphite anode materials (both natural and synthetic/artificial) tailored to customer specifications including fast-charging, high-energy-density, and longer cycle life formulations. Produced via AAM finishing, blending, coating, and graphitization for EV, energy storage, and defense lithium-ion battery applications.
- Natural Graphite Products Processed natural graphite from the Graphite Creek mine in Alaska for use as battery anode material, featuring high energy efficiency in production and strong North American supply chain relevance.
- Artificial/Synthetic Graphite Products Engineered artificial/synthetic graphite with precise technical specifications, extremely high purity and consistency, engineered particle size, shape, and performance characteristics, and superior durability for demanding battery applications.
Quantifiable outcome
- North American graphite demand projected to grow 11x from ~56,000 tonnes in 2023 to over 620,000 tonnes by 2030
- +5 more outcomes
Companies that use Graphite One Resources
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Graphite One Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Graphite One Resources partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Bessemer and Lake Erie Railroad Company (CN Railway subsidiary)coreGraphite One secured its Conneaut, Ohio manufacturing site through a license of occupation agreement with Bessemer and Lake Erie Railroad Company, a subsidiary of Canadian National Railway. The site provides strategic advantages including direct access to Lake Erie and Great Lakes shipping corridor, multi-line rail connectivity, existing power infrastructure with on-site substation, and capacity for future expansion.
- i2i Marketing Group, LLCminorFour-month marketing agreement with i2i Marketing Group, LLC (Key West, Florida) for investor awareness and promotional services in the United States. Initial fee of US$250,000 plus up to US$250,000 per month. Creates advertising campaigns utilizing on-line platforms and direct mailing of advertising materials to potentially interested parties.
- MCS Market Communication Service GmbHminorExtended marketing agreement with MCS Market Communication Service GmbH (Germany) to raise the profile of Graphite One and enhance visibility to European investors. Monthly fee of up to EUR350,000 for four months, continuing on month-to-month basis.
- Lucid Group (MINAC Collaboration)coreLucid Group launched the Minerals for National Automotive Competitiveness Collaboration (MINAC) in July 2025, a strategic partnership with four mineral producers including Graphite One, Alaska Energy Metals, Electric Metals USA, and RecycLiCo. The collaboration aims to secure domestic U.S. supply chains for critical EV materials including graphite, establish offtake agreements, resolve supply chain barriers, and accelerate commercialization of domestically produced materials.
- Lucid GroupcoreGraphite One has signed a non-binding supply agreement with Lucid Group to provide natural graphite anode active materials over a three-year period, complementing a 2024 agreement for synthetic graphite. This makes Graphite One the only company supplying both natural and synthetic graphite anode materials to a U.S. EV manufacturer. The agreement is contingent on Graphite One beginning production at its Graphite Creek deposit in Alaska and planned processing facility in Ohio, with an initial five-year term once effective.
- Leading Anode Production Facility Engineering FirmcoreEngineering contract executed June 16, 2026 with a leading anode production facility engineering firm to support detailed design and optimization of the Ohio AAM facility's manufacturing systems. The firm brings specialized expertise in complex, high-temperature industrial processes and integrated production line design for battery materials production.
Scale indicators11 records
Recent moves8 records
Expansion highlights7 records
Graphite One Resources competitors and assessment
Company assessmentDirect peers
- Syrah Resources: Australian-listed natural graphite miner developing the Balama mine in Mozambique and the Vidalia AAM processing facility in Louisiana. Closest direct peer with the same mine-to-AAM vertically integrated strategy targeting U.S. battery supply chains.
- Nouveau Monde Graphite: Canadian developer of the Matawinie natural graphite mine in Quebec with a planned Bécancour AAM facility. Directly comparable as a North America-based integrated natural graphite-to-AAM producer.
- Westwater Resources: U.S.-based graphite developer advancing the Coosa graphite project in Alabama with plans for downstream battery-grade processing. Direct peer targeting the same U.S. domestic graphite opportunity.
- Talga Group: Australian-listed company developing the Vittangi graphite mine in Sweden with integrated AAM production in Luleå. Comparable vertically integrated natural graphite-to-anode strategy focused on European EV supply chains.
- Northern Graphite: Canadian graphite mining company with operating Bissett Creek mine in Ontario and plans for downstream processing. Comparable North American natural graphite producer pursuing battery materials expansion.
- Magnis Energy Technologies: Australian-listed graphite AAM developer (partnered with Charge CCCV) planning a New York-based lithium-ion battery facility. Comparable vertically integrated graphite-to-battery strategy.
- Mineral Commodities (MRC): Australian-listed mining company operating the Skaland natural graphite mine in Norway. Smaller-scale direct peer focused on natural graphite mining and downstream expansion into battery materials.
Broad incumbents
- POSCO Future M: South Korean anode materials manufacturer and major established supplier to global battery makers. A larger, broad incumbent in the battery anode space with broader product portfolio including cathode materials.
- SGL Carbon: German-based global leader in specialty graphite materials including synthetic graphite and carbon-based products for industrial applications. Broad incumbent with overlapping synthetic graphite capabilities but a much wider, less battery-focused product portfolio.
Emerging players
- Tronox Holdings: Vertically integrated mineral sands producer with growing exposure to battery materials and critical minerals. Emerging thematic peer in the broader critical minerals supply chain space.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Graphite One Resources social profiles
Digital presenceGraphite One Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Graphite One Resources leadership team
Management profileNumber of profiles
Profiles13 records
Graphite One Resources subsidiaries and ownership
Company hierarchySubsidiaries1 record
Graphite One Resources funding detail
Funding detailFunding overview
Funding rounds11 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Graphite One Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Graphite One Resources
What does Graphite One Resources do?
Graphite One is developing a vertically integrated U.S.-based graphite supply chain. It plans to mine natural graphite at its Graphite Creek deposit in Alaska (the largest known graphite deposit in the U.S.) and manufacture both natural and synthetic/artificial Active Anode Materials (AAM) for lithium-ion batteries at a facility in Conneaut, Ohio, targeting EV manufacturers, battery companies, and defense customers.
Is Graphite One Resources a public or private company?
Graphite One Resources is a public company. It is classified as public and is currently operating.
When was Graphite One Resources founded?
Graphite One Resources was founded in 2006. It employs 1 to 10 people.
Where is Graphite One Resources based?
Graphite One Resources is headquartered in Vancouver, Canada, in the North America region.
How does Graphite One Resources make money?
Three revenue lines are on record. Active Anode Materials Sales are the primary driver. The others are natural Graphite Concentrate Sales and potential Recycling Operations.
Who are Graphite One Resources's main competitors?
Direct peers on record are Syrah Resources, Nouveau Monde Graphite, Westwater Resources, Talga Group, Northern Graphite, Magnis Energy Technologies and Mineral Commodities (MRC). Broad incumbents are POSCO Future M and SGL Carbon. Tronox Holdings is listed as an emerging player.
Does Graphite One Resources have an API?
No public API is recorded for Graphite One Resources.
What industry is Graphite One Resources in?
Graphite One Resources's product category is Graphite Mining and Battery Anode Materials. Its primary akta.pro industry code is IMAKAFAD, Natural Graphite Mining & Concentrates, with a secondary code of EUAFABAC, Anode Materials Manufacturing (Graphite, Silicon, LTO). Its NAICS code is 335991 and its SIC code is 1400.