Sign up for our popular daily email to catch all the latest EV news!
Ionic Mineral Technologies (Ionic MT), a leader in nano-silicon anode battery materials, has successfully secured a lease for the 4,000-acre Silicon Ridge halloysite property in Utah from the State of Utah. The lease, which is fully permitted, strengthens Ionic MT’s resource base, boosting its capacity to produce Ionisil™ nano-silicon anode material to meet the rising demand from next-generation fast-charging electric vehicles (EVs).
Key Highlights
- Silicon Ridge Location: Positioned in Lake Mountains, Utah, with a geological setting rich in high-purity halloysite.
- Geological Potential: Features clay beds up to 20 feet thick, providing significant resource potential for halloysite extraction.
- Strategic Resource Base: Complements the Halloysite Hills deposit, a 550+ acre site with high-purity reserves.
- Operational Milestone: Trenching operations have begun at Silicon Ridge to evaluate resource extraction.
- Sustainability Focus: Committed to environmentally responsible mining and local community engagement.
Silicon Ridge and Geological Context
Located within the Lake Mountains of Utah County, Silicon Ridge is in a region known for its rich clay formations. The halloysite at Silicon Ridge has been developed through the alteration of silica-rich volcanic tuffs in a calcareous hot spring environment, leading to favorable conditions for high halloysite concentrations. Geological studies have traced the presence of halloysite over an extensive area, with formations up to 1.5 miles North/Northeast and .75 miles wide.
Resource Potential and Geological Insights
Extensive geological surveys have highlighted that clay beds in the area can reach up to 20 feet in thickness, demonstrating a significant potential for halloysite extraction. These geological features make Silicon Ridge an important strategic resource for Ionic MT in expanding its production of Ionisil™ nano-silicon anode materials.
Complementing Halloysite Hills
Silicon Ridge complements Ionic MT’s wholly owned Halloysite Hills deposit, a 550+ acre property featuring 2.4 million tons of high-purity halloysite based on preliminary drilling results. Together, these deposits form a diversified clay resource base, ensuring consistent production of Ionisil™. This resource security is crucial for meeting the increasing demand for fast-charging lithium-ion batteries needed for the EV market.
Operational Milestone
With all necessary permits secured, Ionic MT has initiated trenching operations at Silicon Ridge. This development is a significant milestone in evaluating and optimizing the resource extraction process to further advance the company’s position in the silicon anode materials market.
Strategic Impact
“Securing Silicon Ridge is a landmark achievement for Ionic MT,” said Andre Zeitoun, Founder & CEO of Ionic Mineral Technologies. “This significant expansion of our halloysite resource base, paired with our wholly owned Halloysite Hills property, solidifies Ionic MT’s vertically integrated position in its mission to become the global leading producer of nano-silicon anode materials needed to meet the unmet demand for high-performance EV batteries that enable rapid charging—crucial for mass EV adoption. Importantly, by sourcing these critical materials domestically, we bolster U.S. energy independence and reduce reliance on foreign supply chains, notably lessening dependence on China. Our vertically integrated approach ensures a stable and sustainable supply, fueling the future of American EV innovation.”
Commitment to Sustainability
Ionic MT is dedicated to environmentally responsible mining practices and actively collaborates with local communities to ensure mutually beneficial outcomes. The company prioritizes sustainability while supporting economic growth and technological innovation.
For more information about Silicon Ridge, Halloysite Hills, and Ionic MT‘s advancements in silicon anode technology, please visit www.ionicmt.com.
About Ionic Mineral Technologies
Ionic Mineral Technologies (Ionic MT) is a U.S.-based leader in advanced battery materials, dedicated to supporting an electrified future. The company’s vertically integrated operations focus on producing Ionisil™ nano-silicon, which boosts power capacity and charging speed for lithium-ion batteries. Ionic MT is poised to become one of the highest-volume producers of this essential material in the U.S., helping meet the needs of electric vehicles, stationary storage, and other decarbonizing markets. Learn more at www.ionicmt.com.
Sign up for our popular daily email to catch all the latest EV news!