DOD invests $37.5M in Alaska graphite

Graphite One will utilize DPA Title III funds to finalize a feasibility study to develop a mine at Graphite Creek deposit in Alaska.

To accelerate the development of a domestic supply chain for the enormous quantities of graphite needed in the lithium batteries for electric vehicles and renewable energy storage, the U.S. Department of Defense has awarded Graphite One Inc. $37.5 million to help com...