Slocan Valley business receives funding to build batteries for clean energy vehicles

Eagle Graphite will receive $290,000 to further develop B.C.’s clean energy vehicle (CEV) sector, create jobs and support low-carbon innovation.

“Under our CleanBC plan, we are building a low-carbon economy that will reduce climate pollution and create good jobs across our province,” said Michelle Mungall, Minister of Energy, Mines and Petroleum Resources and MLA for Nelson-Creston.

“To get there faster, we are supporting innovative companies like Eagle Graphite to develop made-in-B.C. technology that will put us on the path to a cleaner, better future.”

Eagle Graphite will produce silicon/graphite battery anodes using its quarry in Passmore. This project has the potential to establish B.C. as a global leader in anode production, as well as bringing new jobs to the Kootenays, a government news release said.

Eagle Graphite is one of five B.C. companies receiving a total of $1,190,856 through the province’s advanced research and commercialization (ARC) Program for the CEV sector.

“We’re excited to have our advanced lithium-ion graphite development selected for support under the advanced research and commercialization program,” said Jamie Deith, president and CEO of Eagle Graphite.

“Although transition to a sustainable energy economy is still in its infancy, this will be the change that defines our time. Investments made today will determine who prospers in the new economy and who will fall victim to obsolescence.”

The ARC Program is part of the government’s CleanBC plan. CleanBC is a pathway to a more prosperous, balanced and sustainable future. CleanBC was developed in collaboration with the BC Green Party caucus and supports the commitment in the confidence and supply agreement to implement climate action to meet B.C.’s emission targets.

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