Contribution: Industrial Research Assistance Program – Contributions to Firms
Saltworks Technologies Inc.
$6,200,000.00
Innovative, Sustainable, and Economic Brine-to-Battery Lithium Extraction and Refining Solution
FY 2023-24 · 2023-10-01
Summary
The project will develop sustainable and economic lithium processing technology that will contribute to addressing lithium supply challenges. Battery-grade lithium is a critical component of batteries used in electric vehicles and renewable energy storage.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Richmond|Richmond, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
855500427
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2026-09-30
Agreement Number
1011519
Agreement Start Date
2023-10-01
Agreement Title
Innovative, Sustainable, and Economic Brine-to-Battery Lithium Extraction and Refining Solution
Agreement Title (French)
Solution innovante, durable et économique d’extraction et de raffinage du lithium de la saumure à la batterie
Agreement Type
Contribution
Agreement Value
$6,200,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The project will develop sustainable and economic lithium processing technology that will contribute to addressing lithium supply challenges. Battery-grade lithium is a critical component of batteries used in electric vehicles and renewable energy storage.
Description (French)
Le projet permettra de mettre au point une technologie de traitement du lithium durable et économique qui contribuera à résoudre les problèmes d’approvisionnement en lithium. Le lithium de qualité batterie est un composant essentiel des batteries utilisées dans les véhicules électriques et le stockage des énergies renouvelables.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Steveston--Richmond East
Federal Riding (French)
Steveston--Richmond-Est
Federal Riding Number
59031
NAICS Code
562920
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
855500427
Recipient City
Richmond|Richmond
Recipient Country
CA
Recipient Legal Name
Saltworks Technologies Inc.
Recipient Operating Name
Saltworks
Recipient Postal Code
V6W 1A8
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
172-2023-2024-Q3-1011519
