Ionic Mineral Technologies of Provo, a Provo-based supplier of nano-silicon anode battery material production, has leased and fully permitted a 4,000-acre plot in the Silicon Ridge halloysite property from the state of Utah. The property, located in the Lake Mountains of Utah County, will enhance the company’s halloysite reserves. Halloysite is a critical feedstock for the production of Ionic Mineral Tech’s Ionisil nano-silicon anode material used in next-generation, fast-charging electric vehicles.
Silicon Ridge lies within a geologically rich area known for extensive clay formations. The halloysite at Silicon Ridge is part of a broader geological trend formed through the alteration of silica-rich volcanic tuffs in a calcareous hot spring environment, the company said. This geological setting has been extensively studied and is recognized for its optimal conditions and high concentrations of halloysite.
With permits secured, Ionic has initiated trenching operations at Silicon Ridge to evaluate and optimize resource extraction. “Securing Silicon Ridge is a landmark achievement for Ionic MT,” said Andre Zeitoun, founder and CEO of Ionic. “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.”