April 8, 2026 Candiac, Quebec Natural Resources Canada
Canada is at a pivotal moment, and the federal government is moving quickly to build a more competitive, prosperous economy that keeps Canada strong for decades to come. This action requires investing in technologies that create and sustain industries and jobs today that will power a reliable and secure energy future.
Today, Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources - accompanied by Member of Parliament Jacques Ramsay - announced over $11 million in funding for three projects under Natural Resources Canada's Energy Innovation Program (EIP) - Battery Industry Acceleration Call for Proposals. These investments will support innovation in battery materials and help strengthen Canada's growing battery and critical minerals value chain, especially in Quebec, which already hosts nearly a quarter of battery firms in Canada.
The funding will support projects led by Nano One Materials Corp., EcoPro Lithium Inc. and NanoXplore.
- Nano One Materials Corp.'s Commercialization of Nano One's One-Pot Process for Lithium Iron Phosphate Production project will receive $4.3 million to improve and scale up the production of lithium iron phosphate, a key battery material used in many lithium-ion batteries, including those used in electric vehicles and energy storage systems. This investment builds on a $5-million contribution under the EIP that was announced in 2025 to support Nano One's work at its Candiac facility.
- EcoPro Lithium Inc.'s Scale Up of the Process to Produce Battery-Grade Lithium Metal and Ultra-thin Lithium Anode Foil for Lithium Metal Batteries project will receive $6 million to scale up a new process to produce battery-grade lithium metal and ultra-thin lithium foil used in next-generation batteries. These materials will help batteries store more energy and reduce costs, supporting the development of more affordable electric vehicles.
- NanoXplore's Made-in-Canada Ultra-High-Power Li-ion 21700 Cylindrical Battery Cells project will receive nearly $700,000 for the prototyping of ultra-high-power-capacity lithium-ion cells. Building on a $2.75-million contribution under the EIP that was announced in 2025, this investment will strengthen domestic battery manufacturing for defence and civilian applications and reduce reliance on foreign suppliers.
Together, these investments will help bring new Canadian battery technologies to market, strengthen Canada's critical minerals and battery value chains and support a competitive clean technology sector.
