Graphite One Secures EXIM Bank Interest for Up to $2.07 Billion in U.S. Graphite Supply Chain Financing

The latest update is out from Graphite One ( (TSE:GPH) ).

Graphite One Inc. said the U.S. Export-Import Bank has substantially increased its non-binding Letters of Interest for potential debt financing of the company’s U.S. graphite supply chain to a combined US$2.07 billion, covering both its Graphite Creek mine project in Alaska and its planned advanced graphite materials and anode manufacturing facility in Ohio. The mine-related LoI has been upsized from US$570 million to US$670 million, while the Ohio plant LoI has jumped from US$325 million to US$1.4 billion—enough to support phased production growth to 100,000 metric tons of anode active material annually, with EXIM indicating it could cover about 70% of total project capital costs. Executed under EXIM’s Make More in America and China and Transformational Exports initiatives, the increased support underscores Washington’s push to reduce U.S. dependence on Chinese graphite, potentially granting the project special consideration under EXIM’s mandate to counter Chinese export support. Graphite One is in talks with major North American investment banks and multiple U.S. government departments to complete financing for the remaining 30% of capital needs, positioning the company as a key prospective domestic supplier in the critical minerals and EV battery value chain, pending EXIM’s due diligence and final approval.

The most recent analyst rating on (TSE:GPH) stock is a Buy with a C$2.85 price target. To see the full list of analyst forecasts on Graphite One stock, see the TSE:GPH Stock Forecast page.

Spark’s Take on TSE:GPH Stock

According to Spark, TipRanks’ AI Analyst, TSE:GPH is a Neutral.

Graphite One Resources’ overall score is constrained by severe financial challenges, including no revenue and ongoing losses. Despite these issues, positive corporate events and technical indicators offer some optimism for future strategic positioning and potential long-term development in the critical minerals market.

To see Spark’s full report on TSE:GPH stock, click here.

More about Graphite One

Graphite One Inc. is a North American graphite developer working to build a fully integrated, U.S.-based graphite supply chain. Its flagship Graphite Creek project in Alaska is anchored by what the U.S. Geological Survey has recognized as the largest known graphite deposit in the United States, and the company plans to vertically integrate mining and processing with an advanced graphite materials and battery anode manufacturing plant in Warren, Ohio. Target markets include lithium-ion batteries for electric vehicles and energy storage systems, with a longer-term strategy that also contemplates graphite and battery materials recycling as part of a circular economy model.

Average Trading Volume: 653,390

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$279.5M

For detailed information about GPH stock, go to TipRanks’ Stock Analysis page.