Zentek Ltd.

Albany Graphite highlights

Albany Graphite · Northern Ontario

99.99985 wt.% C

Maximum measured carbon purity. 5N+ at bench scale, with potential for nuclear, defence and aerospace applications in allied jurisdictions.

US$3.9B

After-tax NPV (5% discount rate)

27.4%

After-tax IRR

US$817M

Initial capex

4.4 years

After-tax payback

A different kind of graphite deposit.

CO2-rich fluids from a degassing magma deposited highly crystalline graphite directly into an igneous host, filling two breccia pipes. Both remain open at depth.

2,800°C

No hydrofluoric acid.No caustic bake.No halogen gases.

Purified thermally under nitrogen in a fluidized bed reactor, rather than chemically.

70–80%

less CO2 emitted in the process compared to synthetic graphite production.

See Zentek's press release dated August 10, 2026. The NI 43-101 technical report supporting the PEA, prepared by Micon International Limited with an effective date of June 30, 2026, was filed on SEDAR+ on September 24, 2026. All PEA figures are in United States dollars. Currency conversions use CD$1.33 per US$1.00.

The PEA is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Readers are cautioned not to assume that all or any part of the Indicated or Inferred Mineral Resources will ever be converted into Mineral Reserves or that the PEA represents, or will result in, an economically viable mining operation.

Scanning electron micrograph of purified Albany graphite
Scanning electron micrograph · 5N ultra-high-purity Albany graphite · 15.0 kV · x7,000 · 2 µm scale bar

01 · The strategic material

Albany.

A one-of-a-kind igneous-hosted, fluid-derived graphite deposit in Northern Ontario, where bench-scale purification testing has achieved 99.9992% carbon purity and 2.60 ppm equivalent boron content using a proprietary halogen-free process.

Full Albany overview
Rendered graphene hexagonal lattice
Graphene-enabled coatings · five verticals on a client-funded development model

02 · The revenue engine

Graphene.

Five coating verticals - ZenGUARD™, ZenFire, ZenICE, ZenArmor™, ZEN-EMI-01 - addressing filtration, fire, ice, corrosion and electromagnetic interference. The client funds the development, Zentek retains the IP.

Explore the platform
Rendered antibody molecular structure
Molecular recognition · aptamer-based diagnostics and custom discovery

03 · Life sciences

Triera.

An aptamer contract-research organization built on an exclusive McMaster University license with access to a world-leading research team.

Explore Triera
Critical minerals are national security. Albany may be the NATO-aligned answer.
Zentek Ltd. - TSXV : ZEN

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Company

A deep science platform.

What we are

One deep science foundation. Three distinct platforms.

Zentek operates three distinct businesses: Albany Graphite, our graphene platform, and Triera Biosciences.

Our Story
Leadership team

The team executing the plan.

New leadership since December 2025 is executing a unified strategy across all three platforms.

Leadership
The Board

Experience across science, capital, and industry.

Zentek's Board pairs deep scientific and commercial pharmaceutical experience with expertise in finance, critical minerals, and international development.

Board of Directors

The scientific and technical information in this document has been reviewed and approved by Peter Wood, P.Eng., P.Geo., Vice President Development of Albany Graphite Corp., and a Qualified Person.