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Zentek ( (TSE:ZEN) ) has provided an update.
Zentek’s subsidiary, Albany Graphite Corporation, has successfully achieved a five-nines purity level of 99.9991% for graphite using a pilot-scale fluidized bed reactor. This breakthrough in purification technology positions Zentek to further test the material’s suitability for high-demand applications, including its use as an anode component in lithium-ion batteries and potentially in the nuclear industry. The company is committed to advancing both production and processing capabilities to develop battery-ready anode active materials and enhance cathode conductivity.
More about Zentek
Zentek Ltd. is an intellectual property technology development and commercialization company, focusing on advanced material solutions. The company is involved in the development and processing of high-purity graphite, with a market focus on applications such as lithium-ion batteries and nuclear industry components.
YTD Price Performance: 10.20%
Average Trading Volume: 48,833
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $113.1M
See more insights into ZEN stock on TipRanks’ Stock Analysis page.
