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Rain Industries Consortium Secures C$860,000 from Canada-Germany R&D Program

Written by: Team Angel OneUpdated on: 4 Nov 2025, 6:01 pm IST
Rain Industries and Northern Graphite received C$860,000 funding under the Canada-Germany R&D program to develop graphite-based battery materials.
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Rain Carbon Canada Inc., a subsidiary of Rain Industries Limited, along with Northern Graphite Corporation, has received funding support of up to C$860,000 (€530,000) under the Canada-Germany Collaborative Industrial Research and Development Program, as per the exchange filings. 

The project will run for 24 months and has a total estimated cost of $2.2 million.

Purpose of the Project

The project focuses on finding ways to use by-products from natural graphite processing to produce battery-grade anode materials. These materials are components of lithium-ion batteries. The research will study methods to increase the usable output from mined graphite while cutting down on waste and reducing the amount of material that goes unused.

Agencies and Partners

The project is supported by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs and Energy (BMWi) through its ZIM program. The work is being carried out by NGC Battery Materials GmbH, Northern Graphite’s Germany-based unit, and Rain Carbon Canada Inc.

Research Work and Facilities

The research will be conducted at Rain Carbon’s Technology Innovation Centre for Energy Storage Materials in Hamilton, Ontario. The facility has pilot-scale setups for material processing, coating, and testing. Rain Carbon will also use its LIONCOAT carbon coating process as part of the testing and evaluation phase. 

Northern Graphite will supply graphite feedstock from its operations in Canada and Namibia for the study.

Read More: Pine Labs Reports First Quarterly Profit of ₹4.8 Crore in Q1 FY26; IPO Opens Nov 7!

Rain Industries Share Price Performance 

As of November 4, 2025, 10:15 AM, Rain Industries share price was trading at ₹136.92, a 1.38% down from the previous close.

Conclusion 

The aim is to improve the efficiency of graphite conversion processes and lower the environmental impact by using by-products better. The project will also look at developing more consistent and higher-quality materials for use in energy storage systems. Work under the program is to contribute to ongoing research in graphite-based industrial applications

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Nov 4, 2025, 12:31 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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