Rain Industries subsidiary wins grant for battery anode materials project

Rain Carbon Canada Inc. (RAINCA), a wholly owned subsidiary of Rain Industries Limited, along with Northern Graphite Corporation, announced their consortium will receive funding support of up to C$860,000. This grant is part of the Canada-Germany Collaborative Industrial Research and Development Program. The 24-month project, with a total cost of $2.2 million, focuses on transforming low-value natural graphite fine fractions byproduct into high-performance, battery-grade anode material.

The initiative aims to maximize yield from graphite mine concentrates while minimizing waste and carbon footprint. Supported by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) and Germany's Federal Ministry for Economic Affairs and Energy (BMWE), the project seeks to establish a competitive Western supply chain alternative for the energy storage market. Rain Carbon Canada will contribute advanced conversion processes and its proprietary LIONCOAT® carbon coating technology, leading electrochemical performance testing at its Hamilton, Ontario facility.

This partnership is expected to enhance RAINCA's capabilities in processing battery-grade carbon precursor materials and strengthen its leadership in sustainable battery materials innovation. The project is designed to reduce the carbon footprint per kilogram of battery material and improve the conversion rate of flake graphite, aligning with circular economy principles.