Zentek Advances Albany Graphite Toward New Preliminary Economic Assessment

Zentek Ltd. has announced a strategic update for its Albany Graphite Project, highlighting government engagement and an accelerated path to a Pre-Feasibility Study (PFS). Positioned at a strategic intersection of NATO and North American critical minerals mandates, Albany Graphite aims to supply defence-critical graphite.

NATO's recent identification of graphite as essential to defence supply chains aligns with Canada's new Defence Industrial Strategy. This positions Zentek to potentially contribute as a key supplier. The company is actively pursuing federal and provincial funding initiatives targeting critical minerals, including Ontario's Critical Minerals Strategy and various federal programs.

Albany Graphite's material has demonstrated exceptional purity, meeting stringent nuclear-grade criteria. Zentek is engaging in environmental studies and preparing a new Preliminary Economic Assessment (PEA) to align with current market demands and technology.