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ASP Isotopes Inc. Announces Updates on the Progress of Commercial Production at its Three Enrichment Facilities in South Africa
Globenewswireยท 2025-07-17 12:00
Core Insights - ASP Isotopes Inc. is advancing its commercial production of isotopes, particularly Silicon-28 and Ytterbium-176, with significant capacity expansions and operational updates [1][4]. Production Updates - Silicon-28 production commenced in late March 2025, achieving an enrichment level of 99% and expected to ship products enriched to at least 99.995% by August 2025. The annual capacity is now projected to exceed 80 kilograms, up from previous estimates of 50 kilograms and initial expectations of 10 kilograms, with a $4 million investment for capacity expansion [2]. - Ytterbium-176 production began in April 2025, reaching an enrichment factor of 52, with plans to ship commercial samples by August 2025. The production process is transitioning to a semi-continuous method to target a production rate of 1 kilogram per annum [3]. Equipment and Facility Developments - The company has received permits to import laser equipment for enriching Nickel-64, Gadolinium-160, and Zinc-68, and is accelerating plans for additional enrichment facilities in South Africa [5]. - The Carbon-14 enrichment plant faced delays due to insufficient feedstock but is now enriching Carbon-12 to 99.99%, with commercial supply expected in August 2025. Demand for Carbon-12 is significantly higher than for Carbon-14, prompting the company to consider expanding capacity [6][7]. Technological Advancements - The company utilizes the Aerodynamic Separation Process (ASP technology) for isotope enrichment, which is believed to offer a cost-effective and efficient method compared to traditional separation techniques [8]. Future Plans - The company plans to spin out its subsidiary Quantum Leap Enrichment in the second half of 2025, targeting October 2025 for completion, and anticipates closing the Renergen acquisition in the third quarter of 2025, pending regulatory approvals [9].