Oct 14 (Reuters) - Titan Mining ( TIMCF ) said on Tuesday
it will begin production of graphite concentrate at its Empire
State Mines in New York, days after China expanded export limits
on rare earth minerals.
The Canadian miner is targeting ramp-up to a
40,000-tonne-per-year commercial graphite facility, which the
company said would be capable of supplying about half of current
U.S. natural graphite demand.
"China's decision to tighten graphite exports underscores
the importance of having a secure domestic supply of natural
graphite," said Titan CEO Rita Adiani.
China already tightly controlled its exports of rare earths,
but last week added five new elements, bringing the total that
are subject to restrictions to 12.
It also limited the export of dozens of pieces of equipment
and material used to mine and refine rare earths, processes in
which it is the world leader.
In March, U.S. President Donald Trump invoked emergency
powers to accelerate domestic production of critical minerals
such as aluminum, cobalt, lithium, graphite, neodymium and
dysprosium.
Titan said the facility will produce natural flake graphite
in micronized and high-purity forms sourced from the company's
Kilbourne deposit.