Titan Mining Corporation is a natural resource company engaged in the acquisition exploration development and production of mineral properties. The company's primary asset is the Empire State Mine located in St Lawrence County New York which hosts past producing zinc mines and the Kilbourne Graphite Project. Titan Mining Corporation focuses on extracting zinc concentrates from underground operations and developing a domestic source of natural flake graphite. The company…
Titan Mining Corporation is a natural resource company engaged in the acquisition exploration development and production of mineral properties. The company's primary asset is the Empire State Mine located in St Lawrence County New York which hosts past producing zinc mines and the Kilbourne Graphite Project. Titan Mining Corporation focuses on extracting zinc concentrates from underground operations and developing a domestic source of natural flake graphite. The company controls 100% of the equity interests in Empire State Mines LLC which operates the zinc mining facilities and the graphite project on the same site. Titan Mining Corporation maintains a workforce of engineers geologists and miners to support both zinc and graphite activities.
The company generates revenue primarily from the sale of zinc concentrates produced at the Empire State Mine under an offtake agreement with Glencore Ltd. The zinc concentrate is shipped to Glencore's smelters where it is refined into metal for use in galvanizing alloys and die casting. In addition the company is beginning to generate revenue from the sale of natural flake graphite concentrate from the Kilbourne Graphite Project. Graphite concentrate is sold to industrial users in sectors such as steelmaking lubricants batteries and refractory materials. The company also participates in government qualification programs that aim to secure a domestic supply of critical minerals including graphite.
The company operates through the following segments: Empire State Mine zinc operations and Kilbourne Graphite Project. These segments are defined by the distinct products they produce and the separate production processes they employ.
- Empire State Mine zinc operations: This segment extracts zinc ore from underground mines using long hole stoping sub level drift and pillar slashing methods. The ore is trucked to a surface facility where it undergoes crushing milling and flotation to produce zinc concentrate. The concentrate is then sold under an offtake agreement with Glencore Ltd. which purchases the full output of the mine.
- Kilbourne Graphite Project: This segment develops an open pit mine to extract graphite ore from a deposit containing 22 million tons at an average grade of 2.91% graphitic carbon. The ore is processed through crushing grinding and flotation to produce natural flake graphite concentrate. The concentrate is sold to industrial customers and used in government qualification programs to support domestic critical mineral supply.
Titan Mining Corporation holds a niche position as the 1st active zinc producer in the northeastern United States while its Kilbourne Graphite Project marks the 1st end to end natural flake graphite producer in the USA in 7 decades giving the company a competitive advantage in the critical minerals market. The company competes with larger international zinc miners that benefit from economies of scale but it differentiates itself through low operating costs long term offtake arrangements and proximity to existing infrastructure. In the graphite sector Titan Mining Corporation faces competition from foreign suppliers that dominate global markets but it leverages its status as a domestic end to end producer to attract customers seeking supply chain security. The company's strategic focus on critical minerals such as zinc graphite and germanium positions it to benefit from federal initiatives aimed at strengthening domestic mineral production.
The company's zinc concentrate is sold exclusively to Glencore Ltd. under a long term offtake agreement. Glencore Ltd. is a major global trader and processor of base metals providing Titan Mining Corporation with a reliable outlet for its zinc output. Its natural flake graphite concentrate is intended for sale to industrial users in sectors such as steelmaking lubricants batteries and refractory materials. The company also supplies graphite to government agencies participating in qualification programs that aim to secure a domestic supply of critical minerals for defense and clean energy applications. While specific customer names for graphite sales are not disclosed the target market includes manufacturers that require high purity flake graphite for advanced applications.