Alaska’s Graphite One Project: 100% of Domestic Graphite Demand a Real Possibility

July 17, 2023

Finally!  With story after story unfolding about the hundreds of billions of dollars being wasted on ‘green’ energy projects that won’t make any significant difference to everyday Americans, it is great to see money being spent that will.

Currently, America imports 100% of its domestic graphite requirements.  That’s right; 100%.  We don’t have an operational graphite mine in the country.

But that can soon change, if Alaska’s Graphite One project continues on its trajectory and begins operations in a few years.

This morning, it was announced that the project, located on the Seward Peninsula outside of Nome, was awarded a Department of Defense Technology Investment Agreement grant of $37.5 million. The DOD grant to Graphite one follows the designation of graphite as one of the battery components deemed to be “essential to the national defense.”

In a press release announcing the grant, CEO Anthony Huston commented, “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.”

The jobs, revenues and opportunity associated with Graphite One will be fantastic for the people of the Norton Sound region, and Power The Future is excited about the possibilities for Alaska and the U.S. as a whole that Graphite One will bring.  We’ll continue to support the company’s efforts, and fight back against the inevitable engagement from ENGOs looking to thwart American jobs and progress.