The Nikolai and Graphite One mining projects are still under exploration, yet their respective owners are making progress in finding suppliers and partners interested in strengthening the supply of materials needed for the energy transition.
The board of directors of Bering Straits Native Corporation approved a $2 million investment in Graphite One to complete a feasibility study for a mine near Nome.
The company reviving a graphite mine north of Nome received a $37.5 million grant from the US Department of Defense to complete a feasibility study.
Out to make history by creating the first graphite supply chain in the country, Vancouver-based Graphite One is working to mine graphite from Graphite Creek outside of Nome, site of the highest grade and largest known large flake graphite deposit in the US.