CarboMat Inc. has been named one of the winners of the 2025 Advanced Materials Challenge by Emissions Reduction Alberta (ERA), securing $1.05 million in funding to accelerate the scale-up of its bitumen-derived, low-cost, sustainable battery anode material technology.

The funding will enable CarboMat to expand production of sustainable hard carbon and synthetic graphite, catering to both sodium-ion and lithium-ion battery markets. Key initiatives include demonstrating pilot-scale production capacity, conducting comprehensive cell testing in partnership with industry experts, and laying the foundation for its first commercial-scale facility. This milestone aligns with growing efforts to strengthen North America s battery materials supply chain as global energy demand approaches terawatt-hour scale.

Source: carbomatinc.com