TOMI Environmental agreed to merge with Carbonium Core under a definitive agreement signed June 29, 2026.
Carbonium is developing U.S. coal-to-graphite technology, licensed from Oak Ridge National Laboratory, targeting nuclear-grade graphite for advanced reactors.
The business has moved from lab work into pilot-scale testing at a facility in Oneida, Tennessee, ahead of planned commercial-scale production.
The combination targets supply-chain onshoring for strategic materials, citing U.S. reliance on imported graphite and defense-related demand.
Carbonium is in advanced discussions with the U.S. Department of Energy on potential collaboration tied to the coal-to-graphite program.