Titan Mining (TII) NYSE American Uplisting Analysis: Critical Minerals Growth Potential

Titan Mining (NYSE American: TII; TSX: TI) completed its uplisting to NYSE American on November 21, 2025 [1], transitioning from OTCQB (TIMCF, now ceased). The company operates a cash-flow positive zinc mine (Empire State Mine) and is expanding into natural flake graphite production with a target of 40,000 tonnes/year, potentially supplying ~50% of U.S. demand [2]. It has received a Letter of Interest from the U.S. EXIM Bank for up to $120M in financing for its Kilbourne Graphite Project [2].

Short-term market impact: TI.TO (TSX) closed at $3.46 on Nov21, up 0.58% in after-hours trading [4]. TIMCF (OTC) closed at $2.38, up 0.85% with low volume (8.5k shares) [5]. The Basic Materials sector was up 1.39% on Nov21, aligning with positive sentiment for critical minerals [6].

Long-term implications: Uplisting is expected to increase institutional investor participation and liquidity [1]. The graphite project aligns with U.S. domestic supply chain goals, positioning Titan to benefit from policy tailwinds like the Inflation Reduction Act [3].

1. Critical Minerals Alignment
   : Titan’s graphite project addresses U.S. supply chain vulnerabilities, as graphite is a key battery material and defense input. The project’s potential to supply ~50% of U.S. demand underscores its strategic value [2].
2. Diversified Revenue Streams
   : The company combines existing cash-flow positive zinc operations with emerging graphite production and potential germanium extraction (21g/t concentrations at Empire State Mine) [3].
3. Investor Access Expansion
   : Uplisting to NYSE American removes barriers for U.S. institutional investors, which could support future capital raises for the graphite project [1].

• Policy Tailwinds: Alignment with U.S. critical minerals initiatives may lead to incentives or contracts [3].
• Institutional Investment: Increased liquidity post-uplisting could attract larger investors [1].
• Graphite Demand Growth: Global demand for battery-grade graphite is projected to rise, benefiting domestic producers [2].

• Execution Risk
  : Graphite production is in commissioning phase (target Q42025), with delays potentially impacting revenue timelines [3].
• Financing Uncertainty
  : The EXIM Bank financing is a Letter of Interest, not a final agreement [2].
• Commodity Price Volatility
  : Zinc and graphite prices are subject to global market fluctuations [4].
• Small Cap Volatility
  : Titan’s market cap (~$314M CAD) increases sensitivity to market sentiment [4].

• Uplisting
  : Completed Nov21, 2025 (NYSE American: TII; OTC TIMCF ceased).
• Operations
  : Cash-flow positive zinc mine (Empire State Mine), graphite project (40k tonnes/year target).
• Financing
  : $120M EXIM Bank Letter of Interest.
• Metrics
  : TI.TO (Market Cap: $314.57M CAD, P/E:18.21); TIMCF (Market Cap: $216.23M USD, P/E:23.80) [4,5].
• Timelines
  : Graphite commissioning Q42025, customer qualification Q12026 [3].