Titan Mining Reports 57% Revenue Growth and Nearly 4x Adjusted EBITDA
Original announcement by globenewswire on
- Company
- Titan Mining Corporation
- Ticker
- TII
- Exchange
- Unavailable
- Region
- New York State
- Primary commodity
- Zinc
- Secondary commodities
- Graphite, Germanium
- Document categories
- Drill results, Production, Other
- Extracted
- 2026-09-12 02:42:41 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Titan Mining reported record financial performance for Q2 2026, with revenue growing 57% year-over-year to $25.7 million and Adjusted EBITDA increasing 272% to $9.6 million, driven by strong zinc production and cost control. The company also advanced its Kilbourne graphite project by securing customer agreements and U.S. Army support, while confirming battery-grade graphite production and exploring germanium recovery potential. These developments position Titan as a key U.S. critical minerals producer with a strengthened balance sheet.
Reasoning: Titan Mining reported record financial performance for Q2 2026, driven by strong zinc operations and favorable pricing, while also making significant strategic progress on its graphite and germanium critical minerals projects, including securing customer agreements and government support.
Positive factors
- Record Q2 2026 revenue and Adjusted EBITDA
- Significant year-over-year growth in revenue (57%) and Adjusted EBITDA (272%)
- Strong zinc production (17.5 million payable pounds, up 13% YoY)
- Reduced C1 cash costs ($0.88/lb) and AISC ($0.96/lb) below guidance
- Strengthened balance sheet with net debt reduced by 47% year-over-year
- Secured two customer agreements for Kilbourne Graphite Project commercialization
- Received Conditional Selection Notices from U.S. Army for graphite plant
- Confirmed battery-grade graphite production
- Cooperation agreement with Teck Resources to evaluate germanium recovery
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 2
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
KX26-080Kilbourne · graphiteGrade: 2.8Grade Unit: %Intercept: 32.46 mView all detailsHide details
Identity
- Hole ID
- KX26-080
- Project
- Kilbourne
- Commodity
- graphite
- Region
- new york state
- Reported Region
- new york state
- Ticker
- TII
Geometry
- Grade
- 2.8
- Grade Unit
- %
- Intercept
- 32.46 m
Classification
- Program
- resource
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-12T00:00:00.000Z
Reasoning: This graphite intercept from infill drilling supports the ongoing Feasibility Study for the Kilbourne Graphite Project, confirming mineralization within expected parameters.
Positive factors
- Good width of mineralization
- Supports ongoing Feasibility Study
Evidence · text
“Hole KX26-080 intersected 2.8% Cg over 106.5 feet”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Refractory Orenegative
Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.
Why it applies: the release describes refractory metallurgy
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The drilling was described as 'infill and geotechnical drilling in support of the Feasibility Study'.
Evidence · text
“infill and geotechnical drilling in support of the Feasibility Study”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The scientific and technical information for graphite development was reviewed and approved by Oliver Peters, MSc., P.Eng., a Qualified Person as defined by NI 43-101.
Evidence · text
“The scientific and technical information contained in this news release related to the Company’s germanium and graphite development has been reviewed and approved by Oliver Peters, MSc., P.Eng., who is a Qualified Person as defined by NI 43-101.”
KX26-080Kilbourne · graphiteGrade: 3.3Grade Unit: %Intercept: 15.21 mView all detailsHide details
Identity
- Hole ID
- KX26-080
- Project
- Kilbourne
- Commodity
- graphite
- Region
- new york state
- Reported Region
- new york state
- Ticker
- TII
Geometry
- Grade
- 3.3
- Grade Unit
- %
- Intercept
- 15.21 m
Classification
- Program
- resource
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-12T00:00:00.000Z
Reasoning: This higher-grade sub-interval within the main intercept further supports the ongoing Feasibility Study for the Kilbourne Graphite Project.
Positive factors
- Higher-grade sub-interval
- Supports ongoing Feasibility Study
Evidence · text
“including 3.3% Cg over 49.9 feet”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Refractory Orenegative
Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.
Why it applies: the release describes refractory metallurgy
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The drilling was described as 'infill and geotechnical drilling in support of the Feasibility Study'.
Evidence · text
“infill and geotechnical drilling in support of the Feasibility Study”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The scientific and technical information for graphite development was reviewed and approved by Oliver Peters, MSc., P.Eng., a Qualified Person as defined by NI 43-101.
Evidence · text
“The scientific and technical information contained in this news release related to the Company’s germanium and graphite development has been reviewed and approved by Oliver Peters, MSc., P.Eng., who is a Qualified Person as defined by NI 43-101.”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.