Zentek Achieves Ultra-High Purity Graphite Status; Intrepid Advances Lithium Project in Utah
Zentek's subsidiary Albany Graphite has achieved ultra-high purity graphite status, suitable for critical applications in nuclear energy and aerospace, while aiming to bolster Canada's supply security. Concurrently, Intrepid Potash, in partnership with Aquatech and Adionics, has produced battery-grade lithium carbonate at its Utah facility, achieving a 92.9% lithium extraction rate and over 99.5% lithium chloride purity, with plans for a lithium processing facility by 2026.
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Zentek's subsidiary Albany Graphite has achieved ultra-high purity graphite status, meeting critical industry standards for sectors such as nuclear energy and aerospace. The graphite has a boron level of 2.60 ppm, indicating its suitability for nuclear applications.
The global ultra-high purity graphite market is expected to grow significantly by 2030, driven by advancements in various technologies. Zentek aims to enhance Canada's supply security by establishing Albany Graphite as a leading domestic supplier.
Meanwhile, Intrepid Potash, in collaboration with Aquatech and Adionics, has successfully produced battery-grade lithium carbonate from brine at its Wendover, Utah facility, achieving a lithium extraction rate of 92.9% and lithium chloride purity above 99.5%. The companies are progressing under a Joint Development Agreement to evaluate a lithium processing facility, with a goal for a final investment decision in 2026.
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