Ionic Mineral Technologies manufactures Ionisil™ nano-silicon anode material and IonAl™ high-purity boehmite alumina at a 74,000-square-foot facility in Provo, Utah. The company sources proprietary, high‑purity halloysite clay from its Halloysite Hills & Silicon Ridge resources in Utah and processes it in‑house using proprietary, low‑carbon methods. Its patented, silane‑free magnesiothermic reduction process produces anode material with energy capacities exceeding 2,500 mAh/g. Ionic MT is vertically integrated across resource, processing, and production to improve capital efficiency and reduce reliance on foreign supply chains. The raise will fund capacity expansion to 1,000 metric tons annually for Ionisil and 5,000 metric tons annually for IonAl. The company is pursuing Tier‑1 customer qualifications with global battery OEMs and suppliers and is scaling manufacturing and its leadership team. Ionic MT forecasts commercial shipments and positive cash flow in 2026 as it transitions toward commercial revenue.

Total raised

$29M

Funding rounds

1

Latest round

Series B

Latest activity

Jul 2025