Alliance Link Magazine, Winter 2026

EXIM policies as well as program, legal and eligibility requirements. Given China’s dominance over global graphite production, the EXIM Letters of Interest indicate the transaction may also be eligible for special consideration under Section 402 of EXIM’s 2019 reauthorization (P.L. 116-94), which directs EXIM to take steps to mitigate the competitive impact of export support provided by the People’s Re - public of China and other covered countries for opportunities such as this one under EX - IM’s CTEP initiative. The Graphite One Project supply chain strategy involves transporting material to the lower 48 via the Port of Nome to an an - ticipated advanced graphite material and battery anode material manufacturing plant to be located in Warren, Ohio, subject to project financing. The plan also includes a potential recycling facility to reclaim graph - ite and the other battery materials, to be co-located at the Ohio site, the third link in Graphite One’s circular economy strategy.

Independent tests confirm elevated magnet, rare-earths at Alaska graphite deposit

eign-sourced graphite when we have a generational resource in Graphite Creek anchoring a 100% U.S.-based advanced graphite materials supply chain.” Graphite One said it expects to submit a formal application to EXIM under both LOIs in 2026. Upon re - ceipt, EXIM will conduct all requi - site due diligence necessary to de - termine if a final commitment may be issued. Any final commitment is subject to EXIM’s eligibility, credit, and approval requirements and sat- isfaction of terms and conditions. All final commitments must comply with position as a truly generational de- posit,” Huston said. “Given the robust economics of our complete graphite materials supply chain, the presence of rare-earths at Graphite Creek sug- gests that recovery as a by-product to our graphite production will maximize the value of what is already the U.S.’s largest natural graphite deposit.” magnetic, optical and catalytic proper- ties make them indispensable across military applications and commercial electronics, renewable energy, and telecommunications — underscor- ing their strategic importance to U.S industry and national security. China, the world’s largest producer of the full range of rare-earths, im- posed export limits on the magnet rare-earths in February 2024 and tightened graphite exports in Decem- ber 2024, highlighting the importance of the development of Graphite Creek Mine. “The presence of two Defense Production Act Title III materials – graphite and REEs – in a single deposit further underscores Graphite Creek’s

dent and Chairman of EXIM. “This is exactly the kind of project President Trump’s agenda demands: securing critical minerals, revitalizing Amer- ican manufacturing capacity, and helping support the jobs of the future across our great country.” Anthony Huston, President and CEO of Graphite One, echoed the sen- timents. “All of us at Graphite One are so appreciative of the support we are receiving from EXIM under the lead - ership of Chairman Jovanovic,” Hus- ton said. “There is no reason the U.S. should be dependent on for- Yttrium in garnets ranges from 198-427 ppm; Scandium ranges from 84 to 141 ppm. “While these results are prelimi- nary, they are clearly promising,” said Anthony Huston, President and CEO of Graphite One. “Few rare earth depos- its have such a strong presence of magnet and heavy rare-earths. With Graphite Creek already confirmed by the USGS as the nation’s largest natural graphite deposit ‘and among the largest in the world,’ the presence of 14 magnet or heavy rare-earths at Graphite Creek further confirms that ours is a generational deposit for the tech applications transforming our world.” Rare-earth elements are vital to 21st century technology, with neodym- ium, praseodymium, dysprosium, ter- bium and samarium forming essential building blocks of powerful permanent magnets used in wind turbines, elec- tric vehicles and advanced defense systems such as precision-guided mu- nitions and radar. Rare-earth elements further enable high-performance fiber optics, lasers, catalysts and phosphors in displays and lighting. Their distinct

Graphite One announced Dec. 16 that results from independent analy- sis of Graphite Creek garnet material confirm the presence of rare-earth ele - ments in the Graphite Creek deposit, with elevated levels of the magnet and heavy rare-earth elements (HREE). The drill core samples were from the an- ticipated pit outlined in Graphite One’s feasibility study completed in Febru- ary 2025, suggesting that rare-earth element recovery could potentially proceed alongside graphite extraction in the early years of mining operations. Key findings from the testing per - formed by Activation Laboratory of Ancaster, Canada, include: n Bulk rock geochemical analyses indicate that Graphite Creek hosts an increased proportion of “Magnet REEs” and HREEs relative to LREEs. n Garnets, known for housing HREE+Sc+Y in their mineral structure, appear to be the reason for the rela- tive abundance of HREEs at Graphite Creek. n 85% of the REEs in the garnet material are magnet or HREEs. n Dysprosium in the garnets rang- es from 32-63 parts per million (ppm);

BUILDING ALASKA ONE OUNCE AT A TIME CONAM’s track record of successful projects has proven that resource development can be done responsibly while protecting Alaska’s fragile environment. Our firm understanding of Alaska’s unique challenges and commitment to HSSE and planning have translated into

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according to Graphite One. The com- bined LOIs for Graphite One’s 100% U.S.-based supply chain solution now total more than $2 billion. The LOIs are executed through EXIM’s “Make More in America” and “China and Transformational Exports Program” initiatives. “Graphite One is building Amer- ica’s graphite supply chain from the ground up — from the largest nat- ural graphite deposit in the country in Alaska, to processing facilities in Ohio,” said John Jovanovic, Presi-

satisfied mining clients across the state. We get dirty so you get the pay dirt.

THE LINK: The Official Magazine of the Alaska Support Industry Alliance | WINTER 2026

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