Zentek's Albany Graphite Achieves Nuclear Grade Performance, Targeting High-Value Markets
Zentek Ltd. announced that its subsidiary, Albany Graphite Corp., has achieved nuclear-grade standards with its Albany graphite, demonstrating a purity of 99.9992% and a boron concentration of 2.60 ppm. This positions the graphite for high-value markets, including nuclear energy and aerospace, amidst a projected 10.5% CAGR growth in the ultra-high-purity graphite sector. The Albany Graphite Project, located in Ontario, aims to bolster Canada's supply security by meeting the anticipated demand for 100,000-200,000 tonnes of purified natural graphite annually over the next 15-20 years.
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Zentek Ltd. announced that its subsidiary, Albany Graphite Corp., has confirmed that its Albany graphite meets nuclear-grade standards through independent testing. The graphite achieved five-nines (99.9992%) purity with a boron concentration of 2.60 ppm, surpassing the <3 ppm threshold for nuclear applications.
This positions Albany graphite for high-value markets, including nuclear energy, defense, aerospace, and lithium-ion batteries. Market research predicts the ultra-high-purity graphite market will grow at a 10.5% CAGR through 2030, driven by demand for advanced applications.
The company projects a need for 100,000-200,000 tonnes of purified natural graphite annually over the next 15-20 years, enhancing Canada's supply security and reducing reliance on foreign synthetic graphite sources. The Albany Graphite Project is located in Ontario, close to existing infrastructure.
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