Graphite One Awarded $37.5 Million Department of Defense Grant Under the Defense Production Act
The DoD grant to Graphite One follows the designation of graphite as one of the battery materials deemed under the DPA law to be "essential to the national defense."
- The DoD grant to Graphite One follows the designation of graphite as one of the battery materials deemed under the DPA law to be "essential to the national defense."
- The DPA funding allows G1 to accelerate its Feasibility Study covering its Graphite Creek Project 35 miles north of Nome, Alaska.
- "This Department of Defense grant underscores our confidence in our strategy to build a 100% U.S.-based advanced graphite supply chain – from mining to refining to recycling.
- With the United States currently 100 percent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource.