ASP Isotopes Inc. has announced updates on the progress of commercial production at its three enrichment facilities in Pretoria, South Africa. The company has achieved significant milestones in the production of various isotopes, with noteworthy changes and achievements since the previous period.
Silicon-28: Commenced commercial production in late March 2025 Successfully enriched large quantities of intermediate product to 99% Expects to ship finished commercial product enriched to at least 99.995% to its first customers during August 2025 Annual capacity of greater than 80 kilograms of highly enriched silicon-28 (enriched to 99.995%) when operating at maximum operating rate, significantly higher than the original expectations of approximately 10 kilograms
Ytterbium-176: Commenced commercial production in April 2025 Successfully enriched significant quantities of intermediate product to 92.4% Expects to ship commercial samples of enriched ytterbium-176 to customers during August 2025 Expects the production of ytterbium-176 to reach a targeted production rate of 1 kilogram per annum
Nickel-64, Gadolinium-160, and Zinc-68: Received the first of the required permits to import controlled laser equipment for the enrichment of these isotopes Accelerating plans to construct enrichment facilities in South Africa for many more isotopes using the QE process based on operational results
Carbon-14/Carbon-12: Experienced delays in the delivery of adequate quantities of feedstock from the customer for the production of commercial quantities of enriched carbon-14 Currently enriching carbon-12 to 99.99% in its existing carbon-14 enrichment plant and expects to supply its first commercial product during August 2025
The market has reacted to these announcements by moving the company's shares 16.28% to a price of $9.50. For more information, read the company's full 8-K submission here.
