Titan Mining Corp Secures Major Credit Agreement and Advances Graphite Production
In a significant development for the metals and mining sector, Titan Mining Corporation has successfully closed a landmark US$15.8 million credit agreement with the Export-Import Bank of the United States (EXIM). This strategic financial move, announced on July 22, 2025, underscores the company’s robust growth trajectory and its commitment to expanding its operational footprint both domestically and internationally.
The credit agreement, facilitated through Titan’s wholly owned subsidiary, Empire State Mines, LLC, is poised to bolster the company’s financial flexibility, enabling it to accelerate its exploration and production activities. This infusion of capital is particularly timely as Titan continues to make strides in its ambitious plans to become the only fully integrated U.S. graphite producer by the fourth quarter of 2025.
In tandem with the financial boost, Titan Mining has announced the installation of Kilbourne equipment at its Empire State Mines site in August 2025. This installation is a critical step in the construction of its graphite processing facility, part of the Kilbourne Graphite Project. The facility is expected to play a pivotal role in Titan’s strategy to dominate the U.S. graphite market, a sector that is increasingly in demand due to its applications in lithium-ion batteries and other advanced technologies.
Titan Mining’s forward-looking initiatives are reflected in its financial fundamentals. With a market capitalization of CAD 96.5 million and a price-to-earnings ratio of 9.99, the company is well-positioned to capitalize on its strategic investments. Despite a recent close price of CAD 1.4 on the Toronto Stock Exchange, down from a 52-week high of CAD 1.77, the company’s long-term prospects remain promising.
As Titan Mining continues to navigate the competitive landscape of the metals and mining industry, its recent achievements signal a strong commitment to innovation and growth. Investors and industry observers will be closely watching as the company progresses towards its goal of becoming a leader in the U.S. graphite production space.