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Ionic MT Secures 4,000-Acre Halloysite Lease, Silicon Ridge, to Support Next-Generation Battery Material Production

08. 11. 2024

PROVO, Utah–(BUSINESS WIRE)–Ionic Mineral Technologies (Ionic MT), an emerging leader in nano-silicon anode battery material production, has successfully leased and fully permitted the expansive 4,000-acre Silicon Ridge halloysite property from the State of Utah. The strategic acquisition significantly enhances the company’s halloysite reserves, a critical feedstock for scaling production of its Ionisil™ nano-silicon anode material to meet the burgeoning demand of next-generation, fast charging electric vehicles (EVs).