09:10 AM EDT, 06/03/2025 (MT Newswires) -- Graphite One ( GPHOF ) on Tuesday said its Graphite Creek project, the upstream anchor for G1's complete U.S.-based advanced graphite supply chain, was accepted as a "covered project" onto the FAST-41 Permitting Dashboard.

FAST-41 status follows completion of its Feasibility Study funded by a $37.3 million award under the Defense Production Act. Graphite One's ( GPHOF ) project is the first Alaskan mining project to be listed on the FAST-41 Dashboard.

The company's domestic supply chain is planned to produce graphite concentrate from the Graphite Creek deposit North of Nome, Alaska and Anode Active Material at a facility to be constructed in Warren, Ohio, subject to financing.

Shares of the company closed down 2% to $0.83 on Monday on the TSX Venture Exchange.