en.Wedoany.com Reported - Zentek Ltd. announced the formation of a joint venture, Strategic Graphite Partners LLC, with ALO Graphite Partners LLC, aimed at bringing ally-sourced Albany ultra-high purity graphite to the U.S. energy, defense, and national security markets.

The joint venture is 90% owned by Zentek's wholly owned subsidiary, Zentek USA Inc., with ALO Partners holding 10%. Initial tasks for the joint venture include supporting U.S. customer engagement and material qualification, offtake negotiations, strategic industry engagement, U.S. government relations, and evaluating opportunities for potential U.S. federal and allied government funding for ally-sourced materials. The Albany asset is not currently contributed to the joint venture. Zentek has entered into consulting agreements with Jeremy Roenick and Nicolas Perkin to support the joint venture's efforts, granting each advisor 50,000 stock options exercisable at CAD $0.56 per share over 24 months.

Graphite is classified as a critical mineral in the U.S., Canada, and allied nations, and is a strategic defense critical mineral for the United States. Currently, the vast majority of ultra-high purity and nuclear-grade graphite processing occurs outside NATO allied nations. The U.S. is 100% reliant on imported natural graphite, with no domestic natural graphite mining, and China has supplied nearly half of these imports in recent years (U.S. Geological Survey). Albany material has been purified to 5N+ (99.9992% Cg) at laboratory scale, meeting nuclear-grade specifications. Zentek CEO Moe Jiwan stated that the joint venture provides a foothold for ally-sourced Albany material in the U.S. value chain, while Albany remains a 100% owned Canadian asset of Zentek.

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