Rain Industries Ltd

🌱 Rain Industries & Northern Graphite Secure C$860K for Sustainable Battery Materials Project

- Funding: C$860,000 (€530,000) secured under Canada-Germany R&D program.

- Project goal: Convert graphite by-products into battery-grade materials (24-month timeline).

- Total project cost: $2.2 million.

- Partners: Northern Graphite supplies feedstock (Canada/Namibia); Rain Carbon provides LIONCOAT® tech & conversion processes.

- Focus: Higher milling yield, less waste, reduced mining needs—aligned with circular economy principles.

- Impact: Lower carbon footprint per kg of battery material; strengthens Western supply chain for energy storage.

- Northern Graphite’s Battery Materials Group (formed Jan 2024) leads vertical supply chain development.

- Rain Carbon’s Ontario Innovation Center handles material conversion/coating.

- Supported by NRC IRAP (Canada) and Germany’s BMWE.