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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

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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

Graphite One Inc. announced that, following work with the U.S. Army Corps of Engineers (USACE) during the Environmental Assessment process, an Environmental Impact Statement (EIS) has been determined to be the best option to progress permitting for the Graphite Creek deposit. The company supports the comprehensive review and a public comment process intended to address stakeholder concerns.

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

Read the source announcement on prnewswire.com

FAQSIR's summary and investor FAQs are generated by AI from the text of this announcement alone, without information from other sources.

Figures, forecasts and other claims are the announcement's, not FAQSIR's. FAQSIR does not independently verify them.

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