Eagle Graphite and University of British Columbia Partner on Lithium-ion Battery Research Project. The Government of British Columbia and Eagle Graphite (TSX VENTURE:EGA) (“Eagle”) confirm release of the first tranche of grant funding in support of a 2-year program to develop and commercialize silicon-modified battery anodes made with graphite from Eagle’s Black Crystal graphite quarry and plant in Valhalla, British Columbia.
In 2019, the Government of British Columbia, through the CleanBC Go Electric Advanced Research and Commercialization (“ARC”) program, selected Eagle for a grant of $290,000. The official government announcement can be found at news.gov.bc.ca/releases/2019EMPR0021-001214.
The University of British Columbia’s (“UBC”) Advanced Materials for Energy Storage Lab, under the leadership of Dr. Jian Liu, is the project’s research lead during the initial stages.
The project aims to establish baseline performance of battery anode graphite from Eagle Graphite’s plant and quarry near the cities of Castlegar and Nelson, British Columbia. Further improvements to the formulation, incorporating silicon into the anode, will be tested, and if successful, advanced for commercialization.
Dr. Jian Liu comments,
We are excited to partner with B.C. local industry to advance research into high-capacity graphite-based anodes for high-performance lithium-ion batteries for electric vehicles.
“This project is significant to build understanding about the characteristics of critical battery material that could lead to a supply chain in B.C. and promote the adoption of electric vehicles in Canada.”
Eagle Graphite CEO Jamie Deith comments:
We welcome 2021 with renewed excitement and optimism. Global adoption of new, more sustainable energy systems is intensifying, and superior materials for tomorrow’s batteries will play an enormous role in that transformation.
“We anticipate exponential growth in global demand for battery graphite to continue for many years, especially for graphite formulations yielding superior performance.”
Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation:
Through CleanBC, we’re supporting innovative companies like Eagle Graphite that help B.C. transition to a clean energy future
“Developing new BC-based, world-leading technologies will attract investment and create jobs and opportunities for British Columbians.”
Eagle Graphite and University of British Columbia Partner on Lithium-ion Battery Research Project, 03-03-2021
