green graphite logo
Portfolio company

Green Graphite Technologies

Details
Region
Quebec
Industry sector
Advanced materials
Investment year
2023
Fund
Climate Tech Fund
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Lead
Nicole Leite, climate technology fund at BDC
Nicole Leite

Principal

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About the company

GGT is a cleantech organization. Its mission is to deploy GraphPureTM and GraphRenewTM globally to produce battery grade graphite in the most cost-effective and sustainable manner to rapidly address the graphite supply gap and enable the adoption of electric vehicles. With the forecast demand for LiB-grade graphite - driven by the uptake of EVs - growing at a CAGR of 18%, with a projected demand of 2 million tonnes annually by 2030 and over 4 million tonnes by 2040, this represents a $55 billion market opportunity. Recognizing the need to secure the critical minerals supply chain for EV adoption, Canadian, US and European governments have unlocked billions of dollars of funding. GGT’s business model is to be an operator and licensor of GraphPureTM and GraphRenewTM. With its industrial partners and investor support GGT is on track to becoming the leading global solution for producing battery grade graphite from mined natural flake graphite and from recycled lithium-ion batteries.

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