Graphite One Commends Announcement of Memorandum of Understanding (MOU) Between Permitting Council and State of Alaska to Advance Permitting of Critical Infrastructure Projects G1 supports increased coordination of Federal and State resources to advance the permitting of
Graphite One Commends Announcement of
Memorandum of Understanding (MOU)
Between Permitting Council and State of
Alaska to Advance Permitting of Critical
Infrastructure Projects
G1 supports increased coordination of Federal and State resources to advance the permitting of
critical infrastructure projects, including critical mineral projects.
G1's Graphite Creek project is the only project listed on
both the federal FAST-41 and
Alaska
state
permitting dashboards.
VANCOUVER, BC
,
Aug. 28, 2025
/CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF)
("Graphite One", "G1" or the "Company"), welcomes the signing of a Memorandum of Understanding
("MOU") between the Federal Permitting Improvement Steering Council (the "Permitting Council")
and the
State of Alaska
to provide federal permitting assistance via the Permitting Council's FAST-
41 program in an effort to streamline the permitting process for key infrastructure projects across
the
State of Alaska
.
"As the only project listed on both the federal FAST-41 and
Alaska
state permitting dashboards,
Graphite One is delighted to see this new MOU between the
State of Alaska
and the Permitting
Council," said Anthony Huston, CEO of Graphite One. "This is yet another example of how
Alaska
leads the way in Critical Mineral development, bringing much-needed coordination between state and
federal permitting efforts."
As announced during a press conference with Permitting Council Executive Director
Emily Domenech
and
Alaska
Governor
Mike Dunleavy
at the Governor's Anchorage office on
August 27, 2025
,
pursuant to the MOU,
for projects in the
State of Alaska
, the Permitting Council will, among other
things, provide ongoing support, engage regularly with both project sponsors and the State, and
coordinate and consult with the State, and specifically the Office of Project Management and
Permitting within the Alaska Department of Natural Resources, to facilitate a timely and efficient
permitting process.
The
State of Alaska
will coordinate with the Permitting Council Executive Director to assess potential
FAST-41 project eligibility of projects in the State's portfolio and encourage project sponsors to
pursue FAST-41 coverage where practicable, among other things. Regular meetings with the
Permitting Council's Executive Director will be used to develop best practices and assess future
project potential.
The Fast-41 Federal Permitting Dashboard and related announcements can be accessed
here
.
About Graphite One Inc.
GRAPHITE ONE INC. continues to develop its Graphite One Project (the "Project"), with the goal of
becoming an American producer of high grade anode materials that is integrated with a domestic
graphite resource. The Project is proposed as a vertically integrated enterprise to mine and process
natural graphite, and to manufacture artificial and natural graphite anode materials primarily for the
lithium
ion electric vehicle battery and energy storage markets.
On Behalf of the Board of Directors
"Anthony Huston" (signed)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Note Regarding Forward-Looking Statements
All statements in this release, other than statements of historical facts, including those related to the
FAST 41 listing and the anticipated impact of the FAST-41 status are forward looking statements.
Generally, forward
looking information can be identified by the use of forward
looking terminology
such as "proposes", "expects", "is expected", "scheduled", "estimates", "projects", "plans", "is
planning", "intends", "assumes", "believes", "indicates", "to be" or variations of such words and
phrases that state that certain actions, events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved". Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ materially from
those in the forward-looking statements. Factors that could cause actual results to differ materially
from those in forward-looking statements include market prices, exploitation and exploration
successes, continuity of mineralization, uncertainties related to the ability to obtain necessary
permits, licenses and title and delays due to third party opposition, changes in government policies
regarding mining and natural resource exploration and exploitation, and continued availability of
capital and financing, and general economic, market or business conditions. Readers are cautioned
not to place undue reliance on this forward-looking information, which is given as of the date it is
expressed in this press release, and the Company undertakes no obligation to update publicly or
revise any forward-looking information, except as required by applicable securities laws. For more
information on the Company, investors should review the Company's continuous disclosure filings
that are available at
www.sedarplus.ca.
SOURCE
Graphite One Inc.
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For further information:
For more information on Graphite One Inc., please visit the Company's
website, www.GraphiteOneInc.com or contact: Anthony Huston, CEO, President & Director, Tel:
(604) 889-4251, Email: [email protected]; Investor Relations Contact: Tel: (604) 684-
6730, [email protected], On X @GraphiteOne
CO: Graphite One Inc.
CNW 07:00e 28-AUG-25