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  • TSXV:GPH

Alaska Governor Highlights Graphite One’s Proposed Graphite Creek Project

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Announcement Summary

Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) highlighted Alaska Governor Mike Dunleavy’s comments about its Graphite Creek Project.

  • Dunleavy said one Graphite Creek reserve could supply the entire nation’s graphite needs for a century.
  • Graphite Creek is north of Nome, Alaska; the U.S. Geological Survey identifies it as the largest known U.S. graphite deposit.
  • The U.S. Geological Survey reported that the United States remained 100% net import reliant for natural graphite in 2025.
  • Graphite Creek was accepted as a covered project under FAST-41 in June 2025 after Dunleavy nominated it as a federal High-Priority Infrastructure Project.
  • The company said Graphite Creek would anchor a supply chain extending to advanced graphite materials manufacturing in Ohio, subject to project financing.
  • The company cautioned that the project may not receive all permits required under FAST-41, funding opportunities, financing, government contracts or other listed benefits.

Graphite One describes the proposed Project as mining and processing natural graphite and manufacturing artificial and natural graphite anode active materials primarily for lithium-ion electric vehicle batteries and energy storage.

Investor FAQs

Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) highlighted comments by Alaska Governor Mike Dunleavy identifying the Graphite Creek Project as a potentially significant domestic source of graphite for the United States. The comments were made in a Fox News August 31, 2026 op-ed and later referenced in a Fox News television interview.
Governor Dunleavy said that new estimates suggest Graphite Creek “could provide enough graphite to meet the entire nation's needs for a century”. This is a statement attributed to the Governor and is not presented as a guarantee by Graphite One. The release also states that the Company cautions there is no assurance that Graphite Creek will result in sourcing all the graphite required in the United States.
According to the U.S. Geological Survey, Graphite Creek is the largest known graphite deposit in the United States and one of the largest globally. The release also states that Alaska hosts known resources of 57 of the 60 U.S. government-designated critical minerals.
The U.S. Geological Survey's 2026 Mineral Commodity Summaries reported that the United States remained 100% net import reliant for natural graphite in 2025. Graphite One said its strategy is intended to reduce US dependence on foreign-sourced graphite.
Graphite One is advancing a proposed vertically integrated enterprise extending from the Graphite Creek resource in Alaska to advanced graphite materials manufacturing in Ohio. The Project is proposed to mine and process natural graphite and manufacture artificial and natural graphite anode active materials primarily for lithium-ion electric vehicle battery and energy storage markets. The release states that the integrated approach continues to remain subject to project financing and includes potential recycling.
Graphite Creek was previously nominated by Governor Dunleavy as a federal High-Priority Infrastructure Project. In June 2025, it was accepted as a “covered project” under the federal FAST-41 permitting process and became the first Alaska mining project listed on the FAST-41 Permitting Dashboard. FAST-41 provides enhanced federal agency coordination, greater permitting transparency and a comprehensive permitting timetable, but the Company states there is no assurance that the Project will receive all permits required pursuant to FAST-41 or receive permits at all.
The Company identifies uncertainties relating to market prices, exploration and exploitation successes, continuity of mineralisation, obtaining necessary permits, licences and title, third-party opposition or regulatory processes including the EIS, changes in government policies, and the continued availability of capital and financing. It also states that the Project may not receive funding opportunities, financing, procurement preferences, government contracts, accelerated permitting, regulatory approvals, commercial opportunities or other benefits, and that actual results or developments may differ materially from forward-looking statements.

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