RAIN Industries Secures C$860,000 for Eco-Friendly Battery Material Research
Rain Industries' subsidiary Rain Carbon Canada Inc. has received C$860,000 (€530,000) funding for a two-year R&D project to develop eco-friendly battery anode materials. The C$2.2 million project, in collaboration with Northern Graphite Corporation, aims to transform graphite by-products into high-quality battery materials. The initiative is supported by Canadian and German government agencies and aligns with circular economy principles, focusing on reducing waste and carbon footprint in battery production.

*this image is generated using AI for illustrative purposes only.
Rain Industries , through its wholly-owned subsidiary Rain Carbon Canada Inc. (RAINCA), has secured C$860,000 (approximately €530,000) in funding for a groundbreaking research and development project focused on creating eco-friendly battery anode materials. This initiative, in collaboration with Northern Graphite Corporation, aims to transform graphite by-products into high-quality materials for battery applications.
Project Details
The two-year project, with a total cost of C$2.2 million, is supported by the Canada-Germany Collaborative Industrial Research and Development Program. Key aspects of the initiative include:
| Aspect | Details |
|---|---|
| Funding | Up to C$860,000 (€530,000) |
| Duration | 24 months |
| Total Project Cost | C$2.2 million |
| Main Objective | Transform low-value natural graphite fine fractions byproduct into high-performance, battery-grade anode material (BAM) |
| Supporting Agencies | National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) and Germany's Federal Ministry for Economic Affairs and Energy (BMWE) |
Collaborative Efforts
The project leverages the strengths of both Rain Industries and Northern Graphite:
- Northern Graphite: Will supply natural graphite feedstock from its operations in Canada and Namibia, applying advanced sizing, shaping, and purification techniques.
- Rain Industries: Will contribute advanced conversion processes and its proprietary LIONCOAT® carbon coating technology, while leading electrochemical performance testing.
Environmental and Economic Impact
This research initiative aligns with the principles of the circular economy and aims to:
- Increase milling and shaping yield by upcycling byproduct fine fractions
- Reduce waste and minimize the need for additional mining
- Significantly reduce the carbon footprint per kilogram of battery material
- Improve the conversion rate of flake graphite into battery anode material
Strategic Implications
For Rain Industries, this project serves as a strategic catalyst that:
- Accelerates product development
- Shortens time-to-market cycles
- Enhances technical capabilities in processing battery-grade carbon precursor materials
The collaboration positions both companies to deliver a competitive Western supply chain alternative for the energy storage market, aligning with global efforts to develop sustainable and efficient battery technologies.
As the demand for high-performance battery materials continues to grow, particularly in the electric vehicle and renewable energy sectors, this research project could play a crucial role in advancing eco-friendly and efficient battery production technologies.
Historical Stock Returns for Rain Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.98% | +6.32% | +4.41% | -3.86% | -14.51% | +35.38% |




































