Rain Carbon Canada Inc. (RAIN), wholly owned subsidiary of Rain Industries, and Green Graphite Technologies Inc. (GGT) have partnered under the Sustainable Manufacturing Challenge grant from Next Generation Manufacturing Canada (NGen) to advance the development of sustainable graphite anode active materials (GAAMs) for lithium-ion batteries (LiBs). In a collaborative effort to meet rising demand for critical battery materials, the parties will leverage innovative recycling, purification and manufacturing processes to establish a sustainable supply chain for graphite, supporting the industry transformation to electromobility and stationary battery energy storage required for the renewable electricity generation.
With Canada's zero-emission vehicle fleet projected by Natural Resources Canada to grow from 480,000 units in 2024 to 21 million by 2040, the demand for sustainably sourced battery materials is intensifying. Through this initiative, Rain Carbon and GGT aim to contribute to the development of a circular economy for battery materials, reducing dependence on newly mined resources and mitigating environmental impact.
Under the terms of the grant, Rain Carbon will lead the conversion of feedstock materials through its LIONCOAT' carbon precursor materials and application process technology, which enhances the performance characteristics of the graphite for LiB applications. GGT will contribute its proprietary GraphPure' and GraphRenew' purification technologies, ensuring the resulting GAAMs meet the purity standards required for battery manufacturing.
The RAIN Technology Innovation Center at Rain Carbon's Hamilton, Ontario location will serve as the primary base for pilot-scale production and testing. The facility is equipped with a demonstration plant for material conversion, an advanced analytical lab for evaluating powder materials, and an application lab for assessing battery cell performance. GGT will utilize its pilot facilities in Kingston, Ontario, and Montreal, Quebec, to support the purification activities and will also utilize its planned larger-scale demo facility in Mississauga Ontario to produce larger quantities in 2026.
The partnership's goals align with NGen's mission to drive economic growth through sustainable, circular, and innovative manufacturing processes in Canada. By 2030, the project could result in two new graphite product lines, developed through manufacturing processes designed to reduce process waste, increase production efficiency and reduce carbon footprint. The initiative is also anticipated to generate new intellectual property and technical expertise. The project aims to build a sustainable Canadian battery supply chain and to create new direct and indirect employment opportunities across the battery materials sector.
Powered by Capital Market - Live News
Beware of fraudulent tips, unauthenticated news and advice on stock market.
At BOB Capital, your account security is our topmost priority. Beware of receiving fraudulent communications, unauthenticated trading tips and unsolicited calls on trading in stocks from unverified sources, received through Whatsapp, Telegram, SMS, Calls, etc and take an informed decision before investing.
What should you do if you receive a trading tip over phone or SMS?
Report unsolicited messages to the Stock Exchange on +91 8291833676 or on designated email id i.e. feedbk_invg@nse.co.in. Please visit here to understand better.
Please visit CVC website at pledge.cvc.nic.in and take "Integrity Pledge" to be an active part of the "Satark Bharat, Samriddh Bharat" (Vigilant India, Prosperous India).
Filing complaints on SCORES - Easy & quick: a. Register on SCORES portal scores.sebi.gov.in/ b. Mandatory details for filing complaints on SCORES are i. Name, PAN, Address, Mobile Number, E-mail ID. c. Benefits: i. Effective communication ii. Speedy redressal of the grievances.
Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: