Project Traits
State: Ohio
Congressional District: OH14
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Energy Sector: Critical Minerals, Transportation
Energy Subsector: Graphite,
Project Start Year: 2024
Project Launch Year: Unknown
Government Support Received: Federal Tax Credit [Section 45X Advanced Manufacturing Production Credit] for Unknown Amount
Outcomes & Impacts
Private Investment: $4,000,000,000
Jobs Announced or Created: 150
People Served: Unknown
Projected Economic Impact: Unknown
A Canadian company continues work on plans to build a billion dollar graphite processing plant in Weathersfield Township.
The company originally planned to invest $435 million but after the study of the site they found out they can go bigger and now plan to invest almost $4 billion. The plant would bring in more than 150 jobs to Trumbull County.
When Graphite One announced plans for the project a year ago, it said it intends to complete the construction of the Ohio treatment plant within the next three years, before the development of its G1 AK's Graphite Creek Project near Nome, Alaska. Secondary source: https://www.graphiteoneinc.com/graphite-one-selects-ohios-voltage-valley-for-graphite-anode-material-manufacturing-plant/