Technical Study
Albany Graphite Corp. Engages Micon International to Complete New PEA for Albany Graphite Project
Zentek Advances Albany Graphite PEA Amid Nasdaq Compliance Push

Executive Summary
Executive Summary of Latest Release
- Date: April 9, 2026
- Event: Engagement of Micon International Limited to prepare a new NI 43-101 Preliminary Economic Assessment (PEA) for the Albany Graphite Project.
- Scope: Updated Mineral Resource Estimate, high-purity (5N+) graphite bench-scale results integration, and scoping-level economic model including thermal purification costs.
- Timeline: Completion expected summer 2026.
- Strategic Goal: To "rerate" the project's value for ultra-high-purity applications in nuclear, battery, and defense supply chains.
Material Impact
Evaluation of News Significance
- Expectation vs. Reality: The engagement was anticipated based on the February 2026 roadmap ("Mandate an engineering firm... to prepare a new PEA"). It is not a surprise development but rather a confirmation of execution.
- Valuation Impact: While positive for long-term project de-risking, it does not immediately alter financials or liquidity. The market has already priced in the potential value of Albany Graphite based on previous purity tests.
- Catalyst Status: This is an intermediate step. The actual PEA results (summer 2026) will be more material than the engagement announcement itself.
ZEN · Price
Company Overview
Corporate Structure
- Parent: Zentek Ltd. (TSXV: ZEN / NASDAQ: ZTEK).
- Flagship Subsidiary: Albany Graphite Corp. (100% owned).
- Other Assets: ZenGUARD™ (Air filtration), Triera Biosciences (Aptamer diagnostics).
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Jul 07, 2026 · 09:19