Titan Mining Corp (NYSE: TII)

Titan Mining Corp is a natural resource company focused on the acquisition, exploration, development, and production of mineral properties. The company operates primarily in the mining industry, with a strong emphasis on zinc and graphite extraction. Titan Mining Corp's principal asset is the Empire State Mine (ESM) located in St. Lawrence County, New York, which includes a group of past-producing zinc mines and the Kilbourne Graphite Project.

The company generates revenue through the sale of zinc concentrates produced at ESM. The zinc concentrates are sold to Glencore Ltd. under a long-term off-take agreement. Additionally, Titan Mining Corp is advancing its Kilbourne Graphite Project, which aims to produce natural flake graphite. The company commenced production from a demonstration facility for Kilbourne in January 2026, becoming the first end-to-end producer of natural flake graphite in the USA in 70 years.

• Empire State Mine (ESM): This segment includes the #2, #3, #4, Hyatt, Pierrepont, and Edwards mines, which are high-grade zinc mines. The company employs underground mining methods such as long hole stoping, sub-level drift and pillar slashing, and mechanized cut and fill to extract ore. The extracted ore is processed in a conventional crushing, milling, and processing plant. ESM reached commercial production in December 2020 and has provided 2026 production guidance of between 73-78 million zinc recoverable pounds. The segment also includes the discovery of germanium within existing process streams, which the company is evaluating for potential recovery as a byproduct.

• Kilbourne Graphite Project: This segment focuses on the development of the Kilbourne Graphite Project, co-located at ESM. The project includes an open pit constrained inferred mineral resource estimate of 22 million tons at an average grade of 2.91% graphitic carbon. The company announced the commencement of graphite concentrate production at its recently constructed Kilbourne demonstration facility in January 2026. The project aims to re-establish a domestic natural graphite supply chain in the United States.

Titan Mining Corp operates in a competitive mining industry, facing competition from other mining companies with greater financial resources and technical facilities. The company's competitive position is primarily determined by its costs compared to other producers and its ability to maintain financial integrity through metal price cycles. Titan Mining Corp has a competitive advantage as the first end-to-end producer of natural flake graphite in the USA in 70 years, catering to a market where the United States currently imports 100% of its natural graphite. The company's strategic focus on developing critical mineral assets enhances the security of the domestic supply chain, positioning it favorably within the industry.

The company's primary customer for zinc concentrates is Glencore Ltd., with whom it has a long-term off-take agreement. As Titan Mining Corp advances its Kilbourne Graphite Project, it is transitioning to the production of material for customer and government qualification programs, indicating a broader customer base in the graphite market. The company's strategic collaborations with U.S. Government Agencies and financing options further support its position in the industry.