Zentek Ltd. (NASDAQ: ZTEK) announced that its wholly‑owned subsidiary Albany Graphite Corp. has entered into an agreement with American Energy Technologies Co. (AETC) to produce certified graphite samples and deliver process‑engineering inputs for the Albany Graphite Project’s forthcoming Preliminary Economic Assessment (PEA).
Under the agreement, AETC will manufacture 3 kg of 4N (99.99 % Cg), 4 kg of 4N+ (99.99 + % Cg), and 4 kg of 5N+ (99.999 + % Cg) graphite directly from Albany flotation concentrate, with Certificates of Analysis issued for each grade. The certified samples and engineering data are intended to provide independent, verifiable evidence of product purity and process feasibility, with process‑engineering deliverables targeted for completion in June 2026 and the PEA scheduled for summer 2026.
This agreement completes the third independent workstream feeding the PEA, alongside engineering and economics from Micon International and market‑pricing data from AppEco. The certified samples and process design are critical for demonstrating the Albany deposit’s suitability for nuclear‑grade, battery‑anode, and specialty‑coating markets, and for meeting the stringent purity and traceability requirements of North American critical‑mineral buyers.
The partnership leverages Zentek’s proprietary Fluidized Bed Reactor (FBR) process, which achieves ultra‑high purity without chlorine and has already demonstrated 5N+ (99.9992 wt.% Cg) purity at bench scale. AETC’s prior experience confirming this level of purity, combined with AppEco’s assessment of 18 potential co‑products from the FBR scrubber exhaust, positions the project to deliver a diversified value stream. The agreement aligns with U.S. and Canadian critical‑mineral initiatives that prioritize domestic supply chains for high‑purity graphite, supporting the growth of nuclear, battery, and advanced materials sectors.
The agreement marks a key de‑risking milestone for the Albany Graphite Project, providing independent validation that will strengthen investor confidence and support future offtake negotiations with high‑value buyers in the nuclear, battery, and specialty‑coating markets.
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