EPISODE · Jul 19, 2024 · 6 MIN
Greg Fenton on Achieving a Five Nines Purity Level of 99.99915% from an Albany Graphite Project Sample
from Investor.News · host Investor.News
In a recent interview with InvestorNews host Pat Bolland, Greg Fenton, CEO and Director of Zentek Ltd. (NASDAQ: ZTEK | TSXV: ZEN), discussed significant advancements in the Albany Graphite Project. Zentek Ltd., a technology development company, announced that its subsidiary, Albany Graphite Corporation, has achieved a five nines purity of 99.99915% for a graphite sample from the Albany graphite deposit. This high purity level was reached using a simple, environmentally friendly process that avoids the use of hydrofluoric acid, a common but hazardous chemical in graphite purification. Fenton highlighted, “We were able to achieve this five nines purity without the use of hydrofluoric acid. It’s a fairly straightforward process.” This achievement positions Zentek Ltd. as a strong competitor in both the lithium-ion battery and nuclear markets. The Albany graphite’s unique formation gives it synthetic-like characteristics, making it a viable alternative to synthetic graphite, which commands higher market prices. “Now you’re starting to talk about graphite that has a selling price of $25,000 to $40,000 US per ton,” Fenton noted. The company is also focused on proving the material’s suitability for battery applications and exploring local integration to fill the gap in North American processed graphite supply, a crucial step given the increasing investment in the North American battery supply chain.
What this episode covers
In a recent interview with InvestorNews host Pat Bolland, Greg Fenton, CEO and Director of Zentek Ltd. (NASDAQ: ZTEK | TSXV: ZEN), discussed significant advancements in the Albany Graphite Project. Zentek Ltd., a technology development company, announced that its subsidiary, Albany Graphite Corporation, has achieved a five nines purity of 99.99915% for a graphite sample from the Albany graphite deposit. This high purity level was reached using a simple, environmentally friendly process that avoids the use of hydrofluoric acid, a common but hazardous chemical in graphite purification. Fenton highlighted, “We were able to achieve this five nines purity without the use of hydrofluoric acid. It’s a fairly straightforward process.” This achievement positions Zentek Ltd. as a strong competitor in both the lithium-ion battery and nuclear markets. The Albany graphite’s unique formation gives it synthetic-like characteristics, making it a viable alternative to synthetic graphite, which commands higher market prices. “Now you’re starting to talk about graphite that has a selling price of $25,000 to $40,000 US per ton,” Fenton noted. The company is also focused on proving the material’s suitability for battery applications and exploring local integration to fill the gap in North American processed graphite supply, a crucial step given the increasing investment in the North American battery supply chain.
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Greg Fenton on Achieving a Five Nines Purity Level of 99.99915% from an Albany Graphite Project Sample
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