Cyclic Materials is receiving C$4.9 million to build a demonstration plant that will produce high-purity rare earth oxide and a cobalt-nickel hydroxide product from recycled materials.
Green Graphite Technologies (GGT) will receive C$3.5 million to advance its GraphRenew technology which transforms used graphite into a material that can be reused. The upgraded graphite will undergo testing for use in electric vehicles and other battery-powered technologies. By focusing on recycling and upgrading graphite, GGT’s project could address gaps in the battery supply chain and support the commercialization of recycled materials.
Member of Parliament for Kingston and the Islands Mark Gerretsen announced the investments on behalf of the Minister of Energy and Natural Resources, noting that the projects will strengthen Kingston’s role as a leader in clean technology.
“New technologies will help address gaps in our world-leading…
