Titan
Titan Mining Corporation is a dual-listed Canadian mining company that produces zinc concentrate at its Empire State Mine in New York and is America's first end-to-end natural flake graphite producer in over 70 years, supplying industrial, defense, and battery customers.
- Company typePublic
- Founded2017
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Titan does
Titan Mining Corporation is a Canadian-incorporated, dual-listed mining company (TSX: TI; NYSE American: TII) that operates the Empire State Mines (ESM) complex in St. Lawrence County, New York, producing zinc concentrate at a current annual rate of approximately 64.2 million payable pounds — an 8% year-over-year record in 2025. Titan restarted the historic ESM #4 mine in January 2018 and controls more than 120,000 acres of mineral rights in the district.
In December 2024, Titan declared a maiden inferred mineral resource of 22 million US short tons grading 2.91% Cg (653,000 tons of contained graphite) at the adjacent Kilbourne Graphite Project, and in January 2026 began producing natural flake graphite concentrate at its 1,200 tpy demonstration facility — making Titan the first end-to-end natural flake graphite producer in the United States in over 70 years. The integrated roadmap extends to micronized flake graphite (NFG), high-purity purified micronized graphite (PMG), and battery-grade coated spherical purified graphite (CSPG) at nameplate capacity of ~40,000 tpa — roughly 50% of current U.S. natural graphite demand. Titan is also evaluating germanium recovery (~13,000 kg/year potential) from existing waste streams in cooperation with Teck Resources.
Titan operates a B2B direct-sales model selling zinc concentrate to smelters, and is positioning graphite and germanium products for defense, battery manufacturing, aerospace, and semiconductor customers. Pricing is unit-based and contract-driven: zinc is commodity-linked; graphite pricing is differentiated by purity tier, from $1,575/tonne for standard flake concentrate up to $11,193/tonne for CSPG anode grades; germanium is projected at $5,800–$8,600/kg. The strategic positioning is anchored by federal support — EXIM Bank financing ($15.8M debt + $5.5M grant + $120M LOI), U.S. Army Enhanced Use Lease selections for purification facilities, and 160%+ U.S. tariffs on Chinese graphite imports.
Titan firmographics
Firmographics- Name
- Titan
- Legal name
- Titan Mining Corporation
- Website
- https://titanminingcorp.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Titan Mining Corporation is a dual-listed Canadian mining company that produces zinc concentrate at its Empire State Mine in New York and is America's first end-to-end natural flake graphite producer in over 70 years, supplying industrial, defense, and battery customers.
- Ownership category
- akta.pro rank
Titan industry classification
Industry- Product category
- Mining and Mineral Production
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Other Nonmetallic Mineral Mining and Quarrying (212390)
- SIC
- Metal Mining (1000), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)
- akta.pro primary industry
- Natural Graphite Mining & Concentrates (IMAKAFAD)
- akta.pro secondary industries
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Critical Minerals Recycling & Urban Mining (Li, Ni, Co, Graphite, REE) (IMAKAFAK)
Keywords
Where Titan is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Titan business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- Zinc Concentrate Sales: Titan produces zinc concentrate at its Empire State Mine, selling to smelters and industrial customers. Zinc operations restarted in 2018 with current annual production of approximately 64 million pounds of zinc concentrate.
- Graphite Concentrate and Value-Added Products: Titan produces and sells natural flake graphite concentrate, micronized graphite (NFG), Purified Micronized Graphite (PMG), and Coated Spherical Purified Graphite (CSPG) for defense, energy, and industrial applications. Target production of ~40,000 metric tonnes per annum at nameplate capacity.
- Germanium Recovery (Potential): Potential future revenue stream from germanium recovery from existing mine waste streams, with potential for approximately 13,000 kg/year of contained germanium, leveraging partnership with Teck's Trail Operations for processing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Standard Purity Flake Concentrate (95.0% LOI MIN) |
| Unit Pricing | Multi-year contract | Standard Purity Micronized Flake Grades (95.0% LOI MIN) |
| Unit Pricing | Multi-year contract | High Purity Micronized Flake Grades (99.9% LOI MIN) |
| Unit Pricing | Multi-year contract | CSPG Anode Grades (99.95% LOI MIN) - commencing year 5 |
| Unit Pricing | Multi-year contract | Germanium |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Titan product offering
Product offeringCore offering
Titan Mining Corporation is a mineral producer that operates the Empire State Mine complex in St. Lawrence County, New York, producing zinc concentrate at an annual rate of approximately 64 million pounds from the ESM #4 mine. The company has expanded into natural flake graphite production through the Kilbourne Graphite Project, becoming the only end-to-end producer of natural flake graphite in the United States in over 70 years, with products ranging from graphite concentrate to purified micronized graphite (PMG) and coated spherical purified graphite (CSPG) for battery, defense, and industrial applications.
Product overview
Titan Mining Corporation operates as a zinc concentrate producer and emerging natural flake graphite supplier. The company's product portfolio consists of: (1) Zinc Concentrate from the Empire State Mine, a producing operation in New York yielding approximately 64 million pounds annually; (2) Natural Flake Graphite Products at various purity levels including Concentrate, Micronized Natural Flake Graphite (NFG), Purified Micronized Graphite (PMG), and Coated Spherical Purified Graphite (CSPG) from the Kilbourne Graphite Project; and (3) Germanium recovery under evaluation through partnership with Teck Resources. The zinc operations provide current cash flow while the graphite business represents the company's strategic growth platform, with products targeting defense, industrial, energy storage, and semiconductor applications.
Differentiator
Problem solved
Functional benefit
Products and services
- Zinc Concentrate Zinc concentrate produced from the 100%-owned Empire State Mine in Gouverneur, New York. Annual production of approximately 64 million pounds (2025 record production of 64.2 million payable pounds). Sold to smelters and industrial customers for galvanizing, brass production, and other industrial applications.
- Natural Flake Graphite Concentrate
Quantifiable outcome
- Target production of ~40,000 metric tonnes per annum of graphite concentrate at nameplate capacity, representing nearly 50% of current U.S. natural graphite demand
- +3 more outcomes
Companies that use Titan
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Titan technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Titan partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship and core.
- U.S. Army (Enhanced Use Lease Program)flagshipTitan's Empire State Mines received conditional selection notices from the U.S. Army for Enhanced Use Lease opportunities at Pine Bluff Arsenal, Arkansas (~245 acres primary site) and Anniston Army Depot, Alabama (~97 acres secondary site) to establish domestic graphite purification facilities. This is America's first commercial graphite purification facility on a U.S. military installation. ESM will bear all development, construction, and operating costs under a 50-year lease while the U.S. Army retains land ownership. The partnership aims to end America's 100% import reliance on foreign-controlled graphite supply chains.
- Teck Resources Limited (Trail Operations)coreTitan entered into a cooperation agreement with Teck Resources to evaluate germanium recovery from existing processing streams at Empire State Mines, representing potential for approximately 13,000 kg/year of contained germanium. Teck's Trail Operations is the only commercial-scale germanium recovery facility in North America. The partnership will evaluate upgraded ESM process streams as potential feedstock and assess commercial parameters including potential volumes and payability for long-term offtake arrangements.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Titan competitors and assessment
Company assessmentDirect peers
- Talga Group: Australian-listed battery anode materials company developing the Vittangi graphite project in Sweden and a planned commercial-scale active anode material facility. Comparable as a vertically integrated natural graphite-to-CSPG producer targeting European and North American battery customers.
- Westwater Resources: U.S.-focused battery materials company developing the Coosa graphite project in Alabama and a planned downstream processing facility. Comparable as a publicly-listed natural graphite developer pursuing U.S. domestic supply for lithium-ion battery anodes under similar critical minerals policy frameworks.
- Northern Graphite Corporation: Canadian-listed natural flake graphite producer with operations in Canada and Namibia. Comparable as a publicly-traded natural graphite miner pursuing battery anode material production and serving similar end markets in defense, EVs, and industrial applications.
- Nouveau Monde Graphite: Quebec-based developer of the Matawinie graphite project targeting battery-grade anode material with a fully integrated mine-to-battery strategy. Directly comparable as a publicly-listed natural flake graphite company pursuing CSPG production for EV and energy storage customers.
- Graphite One Inc. U.S.-focused natural graphite developer advancing the Graphite Creek deposit in Alaska toward battery-grade anode material production. Directly comparable as a domestic natural flake graphite project pursuing end-to-end U.S. supply chain for battery and defense markets.
- Syrah Resources: Australian-listed natural graphite producer operating the Balama mine in Mozambique and Vidalia active anode material processing in Louisiana. Comparable as a publicly-listed natural flake graphite miner pursuing integrated AAM production for the U.S. battery supply chain.
Broad incumbents
- Lundin Mining: Canadian-listed diversified base metals miner producing copper, zinc, lead, and nickel across Europe, South America, and North America. Comparable as a publicly-listed producer with significant zinc concentrate operations and similar commodity exposure dynamics.
- Nexa Resources: Brazilian-listed integrated zinc producer operating mines in Peru and Brazil with smelting operations. Comparable as a publicly-listed base metals producer focused on zinc concentrate and downstream products, operating in similar North American end markets.
- Hudbay Minerals: Canadian-listed mid-tier diversified miner producing copper, zinc, and other base metals across the Americas. Comparable as a publicly-listed base metals producer with zinc concentrate as a core product, serving similar industrial customers.
Emerging players
- Magnis Energy Technologies: Australian-listed company developing graphite anode material technology and the Nachu graphite project in Tanzania. Comparable as a publicly-listed natural graphite and battery anode materials company with downstream processing ambitions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Titan social profiles
Digital presenceTitan financial estimates
Financial estimateRevenue estimate
Valuation estimate
Titan leadership team
Management profileNumber of profiles
Profiles14 records
Titan subsidiaries and ownership
Company hierarchySubsidiaries1 record
Titan funding detail
Funding detailFunding overview
Funding rounds4 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Titan 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 Titan
What does Titan do?
Titan Mining Corporation is a mineral producer that operates the Empire State Mine complex in St. Lawrence County, New York, producing zinc concentrate at an annual rate of approximately 64 million pounds from the ESM #4 mine. The company has expanded into natural flake graphite production through the Kilbourne Graphite Project, becoming the only end-to-end producer of natural flake graphite in the United States in over 70 years, with products ranging from graphite concentrate to purified micronized graphite (PMG) and coated spherical purified graphite (CSPG) for battery, defense, and industrial applications.
Is Titan a public or private company?
Titan is a public company. It is classified as public and is currently operating.
When was Titan founded?
Titan was founded in 2017. It employs 11 to 50 people.
Where is Titan based?
Titan is headquartered in Vancouver, Canada, in the North America region.
How does Titan make money?
Three revenue lines are on record. Zinc Concentrate Sales are the primary driver. The others are graphite Concentrate and Value-Added Products and germanium Recovery (Potential).
Who are Titan's main competitors?
Direct peers on record are Talga Group, Westwater Resources, Northern Graphite Corporation, Nouveau Monde Graphite, Graphite One Inc. and Syrah Resources. Broad incumbents are Lundin Mining, Nexa Resources and Hudbay Minerals. Magnis Energy Technologies is listed as an emerging player.
Does Titan have an API?
No public API is recorded for Titan.
What industry is Titan in?
Titan's product category is Mining and Mineral Production. Its primary akta.pro industry code is IMAKAFAD, Natural Graphite Mining & Concentrates, with a secondary code of IMAKAFAL, Exploration & Resource Development (Critical Minerals). Its NAICS code is 212230 and its SIC code is 1000.