A selection of Western and allied graphite projects, ordered by stage of advancement. Not exhaustive, and not a ranking: a map of who is building what, and where.
Company
Project · location
Stage
Notable
Syrah ResourcesASX: SYR
Balama, Mozambique + Vidalia, Louisiana anode
Producing
An established allied natural-graphite supply chain feeding a U.S. anode facility. A benchmark for integrated, non-Chinese supply.
Northern GraphiteTSX-V: NGC
Lac des Îles mine, Québec + Baie-Comeau anode plan
Operating
One of the few active natural-graphite producers in North America. Plans a Baie-Comeau battery-anode-material facility that would need regional feedstock.
Nouveau Monde GraphiteNYSE: NMG · TSX: NOU
Matawinie mine + Bécancour anode, Québec
In construction
Financed in 2026 (EDC/CIB debt, Canada Growth Fund equity); hydro-powered; ~75% of output committed to Canada, Panasonic & Traxys. Projected largest graphite mine of the G7.
Westwater ResourcesNYSE American: WWR
Kellyton plant, Alabama + Coosa deposit
In construction
Vertically integrated U.S. battery-grade natural graphite. Coosa is described as the largest, most-advanced flake deposit in the contiguous U.S.
Global Battery MaterialsPrivate
Kearney Mine, Ontario + Québec lab
PEA / restart
Restart of the past-producing Kearney graphite mine. Positive 2026 PEA (post-tax NPV US$183M, 67% IRR, WSP). Vertically integrated with Korean anode technology and a Québec purification lab; shipping samples to U.S. customers.
Graphite OneTSX-V: GPH
Graphite Creek, Alaska + Ohio anode plan
Development
Among the largest known natural-graphite deposits in the United States. Advancing a domestic mine-to-anode chain with federal support.
Data is drawn from company public disclosures and public reporting and may not reflect the most recent developments. This page is market commentary, not investment advice or a solicitation.