Purity vst8/5/2023 Ionic MT is operating out of its initial pilot plant and lab space, which includes a full battery testing lab, wet beneficiation of halloysite, and a patent pending, pilot-scale silicon production furnace to convert halloysite into nano-silicon. The Company will be exhibiting next week at The Battery Show in Novi, Michigan at Booth #3420, and CEO Andre Zeitoun will give a presentation, “Halloysite-Derived Nano-Silicon: Scaling Up from the Top Down,” in the Gold Ballroom on Wednesday, Septemat 3 pm EST. Ionic MT is positioned to address this ‘Achilles heel’ of the legislation and supply U.S.-sourced battery minerals and materials. The IRA’s EV tax credits hinge on domestically produced battery minerals, a largely non-existent supply chain. The Company launches just weeks after the Inflation Reduction Act (IRA) passed into law. “With the demand for electric vehicle batteries expected to grow to over 3TWh by 2030, the need for next-generation battery materials is greater than ever.” Ionic Mineral Technologies enters a hot market at an opportune time. Ram Chandrasekaran, head of road transport at global energy research firm, Wood Mackenzie, said: With our approach, scalability is our advantage.” “At Ionic Mineral Technologies, we are the first to leverage this vast natural resource for the electric vehicle supply chain. Halloysite-derived nano-silicon is a game-changer for the industry. Halloysite’s naturally occurring nanotubular structure enables Ionic MT to employ a “top-down” approach to manufacturing nano-silicon, presenting significant scalability and environmental sustainability advantages compared to competitors.Īndre Zeitoun, founder and chief executive officer at Ionic Mineral Technologies, said: The Company controls the world’s largest deposit of high-purity halloysite, the ideal feedstock to manufacture nano-silicon at scale. As the only vertically integrated producer of nano-silicon, Ionic MT is uniquely positioned to be a leading domestic supplier of nano-silicon and accelerate the electrified future.
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