Graphite One (TSXV: GPH) Soars Over 140% YTD: What’s Behind the Rally?
Highlights
- Graphite One shares have climbed ~142% YTD amid U.S. critical minerals momentum.
- The company targets full U.S. graphite supply chain integration, from mine to anode material.
- The U.S. Department of Defense granted USD 37.5 million to advance the project.
- EXIM Bank issued letters of interest for up to USD 895 million in loans.
- Global graphite demand is forecast to rise 494% by 2050, per the World Bank.
- Recent USD 5 million investment from Alaska Native corporations strengthens project backing.
Graphite One Inc. (TSXV:GPH) has witnessed ~142% year-to-date rise in share price, as of 27 November 2025. The rally comes amid mounting U.S. interest in building domestic capacity for critical minerals, particularly graphite, a material vital for electric vehicle (EV) batteries, energy storage, and defense production.
Graphite One continues to advance the development of its Graphite One Project, aiming to establish itself as a domestic producer of high-grade anode materials, integrated with a domestic graphite resource.
Why Graphite Matters for Clean Energy and Defense
Graphite’s importance extends beyond the EV sector. It plays a crucial role in defense manufacturing for components such as:
- Ammunition and artillery systems
- Submarines, tanks, and fighter aircraft
- Energy storage systems supporting military logistics
U.S. dependence on imported graphite—largely from China, which supplies 97% of the global market—poses strategic vulnerabilities in both energy and defense sectors.
Graphite Demand to Surge ~500% by 2050
According to the World Bank Group (2020), global graphite demand is projected to increase by an estimated 494% by 2050, driven by accelerating growth in electric vehicles, energy storage systems, and clean energy technologies. Complementing this outlook, the International Energy Agency (2020) projects that meeting the Paris Accord supply targets by 2040 will require 25 times more graphite than current production levels, underscoring the critical role of graphite in the global energy transition.
Graphite One Project: A Vertically Integrated U.S. Operation
The company’s Graphite One Project seeks to establish a fully integrated graphite supply chain, from extraction to anode active material (AAM) manufacturing.
Key features of the project include:
- Vertically integrated model linking mining, processing, and AAM production.
- Target markets: lithium-ion EV batteries and stationary energy storage systems.
- Planned manufacturing base in Ohio for AAM production.
Federal Support Strengthens Graphite One’s Position
Government backing has become a key catalyst for the company’s progress.
Support measures include:
- USD 37.5 million from the U.S. Department of Defense.
- Letters of interest for up to USD 895 million in loans from the EXIM Bank.
- Recognition of graphite’s strategic importance in U.S. supply chain policy.
In addition, last month, Graphite One announced the closing of a strategic investment from Doyon Limited and Aleut, both Alaska Native corporations. The financing raised aggregate gross proceeds of USD5.0 million (CAD7.0 million) through a non-brokered private placement comprising 8,514,024 units priced at CAD0.82 per unit.
Graphite Creek Hosts Rare Earths
Recently, Graphite One confirmed the presence of rare earth elements (REEs) alongside graphite at its Graphite Creek deposit. The deposit contains all five principal permanent magnet REEs. The company plans DOE-supported extraction and a domestic supply chain, targeting advanced graphite products for EVs, energy storage, and defense applications. to know more about this development, click here.
With federal backing, strategic investments, and an integrated mine-to-market model, Graphite One aims to strengthen America’s graphite independence amid growing global demand.
Shares of GPH last traded at CAD 1.62 on November 27, 2025.
