12:05 PM EDT, 08/28/2025 (MT Newswires) -- (Updates shares.)

Titan Mining ( TIMCF ) on Thursday reported positive results from independent downstream testing on natural flake graphite from its Kilbourne graphite project in New York.

The results showed that graphite from Kilbourne can be transformed into multiple high-value product streams. The company said this would support its strategy to unlock diversified revenue opportunities across multiple industry groups.

Kilbourne graphite was successfully processed into spherical graphite with 99.99% purity, high tap density, and favorable particle size distribution. Micronized and purified products achieved >99.9% purity, meeting specifications for refractories, lubricants, automotive and other markets.

The ultra-high purities and processing flexibility of the graphite support potential qualification for military-specification materials, including applications in thermal management, Titan said.

"This is a key milestone as we advance toward becoming the first fully integrated U.S. producer of natural flake graphite in more than 70 years," chief executive Don Taylor said. "These results confirm Kilbourne graphite can be processed into the high-purity products required for critical applications in aerospace, batteries, industrial and defense sectors."

Titan shares wee last seen up $0.07 to $1.32 on the Toronto Stock Exchange.

Price: 1.33, Change: +0.08, Percent Change: +6.40