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Graphite One Inc
- OTCQX:GPHOF
- TSXV:GPH
Graphite One Supports EIS Review for Graphite Creek Project, Says Proposed 2029 Startup Is Not Expected to Change
Published
At a glance
- Company
- Graphite One Inc
- Listings
- OTCQX:GPHOF, TSXV:GPH
- Published
- Source announcement
- prnewswire.com
FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices
Announcement Summary
Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) announced support for an Environmental Impact Statement (EIS) review of Graphite Creek permitting.
- Following collaborative work with the U.S. Army Corps of Engineers, an EIS was determined the best option for Graphite Creek permitting.
- Graphite One supports a public comment process addressing concerns from local communities, Indigenous groups, and regulatory agencies.
- The company says permitting work has been conducted at the level required for an EIS from the outset.
- Graphite One does not expect a delay to the proposed 2029 production startup date for the Graphite Creek Project.
- The company cautions there is no certainty that the EIS process will be completed on the stated timeline or in the stated manner.
The company anticipates the EIS schedule will align with State of Alaska permitting requirements. It also cites permits, licenses and title, third-party opposition, regulatory processes, capital and financing, and market conditions as factors that could cause actual results to differ materially.
Investor FAQs
Source announcement
- Company
- Graphite One Inc
- Title
- Graphite One Supports EIS Pathway for America's Largest Known Natural Graphite Deposit; No Anticipated Delay to 2029 Graphite Creek Project Startup as U.S. Remains 100% Import Reliant for Natural Graphite
- Published
- Source site
- prnewswire.com
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