November 2, 2025: Nano One has been awarded C$5 ($3.6 million) from Natural Resources Canada to scale production of the firm’s proprietary One-Pot process for LFP cathode active materials process and accelerate commercialization.

Canada’s energy and natural resources minister Tim Hodgson said the funding would support Nano One’s ongoing work at its Candiac, Québec and Burnaby facilities through to March 31, 2027.

The non-repayable contribution covers eligible operating and capital expenditures for scale-up, product development, and commercialization activities at both facilities.

The funding supports the next phase of Nano One’s scale-up at its Candiac facility from 200 tonnes per annum to a minimum of 800 tpa with the flexibility to reach more than 1,000 tpa to meet customer demand.

Hodgson said the non-repayable aid will enable the company to continue developing different product grades of One-Pot LFP to meet performance requirements across energy storage systems, defense, electric vehicles and other applications.

Sumitomo Metal Mining is a project partner under the award and will contribute technical expertise as in-kind support.

Last year, Nano One said it had launched a new feasibility study into proposals to build its first commercial lithium iron phosphate cells facility.

Canada, in common with other countries, is keen to safeguard and bolster its domestic battery materials market and counter supply chain threats.

In 2022, Canada’s government ordered Chinese companies to divest their holdings in three Canadian-listed junior mining companies planning to develop lithium deposits.

Last April, German industrial giant Siemens said it was setting up a C$150 million ($108 million) global EV battery manufacturing hub in the Canadian province of Ontario.

Invest Ontario said the centre, located initially at Siemens Canada’s head office in Oakville, would be supported with a C$7.2 million forgivable loan through the Invest Ontario Fund, subject to reaching a definitive agreement.