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Cyclic Materials to build major U.S. commercial magnet recycling site
Cyclic Materials to build U.S. commercial recycling site
Toronto-based recycling company Cyclic Materials has chosen Mesa, Ariz. to house its first commercial-scale facility, where it will invest over US$20 million to separate valuable rare earth metals from magnets inside electronics.
Altus sees office space, carbon emissions reductions in 2024
Paring down office space with a work-from-home policy and reworked designs helped Toronto-based Altus Group Ltd. achieve a modest decrease to the carbon emissions from its operations and buildings in 2024.
Lion Electric likely to be liquidated: court-appointed monitor
The court-appointed monitor for Quebec-based Lion Electric said the vehicle maker is very likely to be liquidated after the province's government refused to invest more public funds in the company. Lion Electric has been seeking a buyer since December.
 | 360 Energy and Carbon Insights Why energy budgeting is essential for energy controlDavid ArkellOwner, CEO, 360 Energy Inc. |
Solarbank secures $100M funding for U.S. energy assets
SolarBank Corporation (SUUN-Q) and CIM Group have entered into a mandate letter providing for up to US$100 million in project-based financing for a portfolio of 97 megawatts of solar power projects in the United States.
Electrovaya begins battery system manufacturing in N.Y.
Mississauga-based lithium-ion battery technology company Electrovaya (ELVA-T) has commenced battery system assembly operations at its Jamestown, N.Y. facility. The company plans to expand operations along with growth in demand, and looks to start lithium-ion cell and module production in 2026.
Ballard narrows Q1 loss amid higher revenue and cost cuts
Burnaby-based Ballard Power Systems (BLDP-T) reported a narrower Q1 loss, driven by a rise in revenue and cost reductions. Ballard reported a Q1 loss of US$21 million, an improvement over the US$41.1-million loss in Q1 2024.
General Fusion at crossroads in quest to build reactor
Last Tuesday, B.C.-based General Fusion conducted a successful test of the machine it hopes will lead to the development of a commercial-scale fusion reactor. By Friday the company had laid off at least one-quarter of its staff.
QIMC enters hydrogen exploration agreement in Nova Scotia
Quebec Innovative Materials Corp. (QIMC) (QIMC-CN) has signed a strategic exploration contract with Q Precious & Battery Metals Corp. This contract encompasses district-wide exploration targeting natural hydrogen and helium along the Cobequid and Chedabucto fault systems in Nova Scotia.
Abaxx Technologies makes first carbon futures delivery
Toronto-based Abaxx Technologies Inc. has announced the successful first delivery under a carbon futures contract on Abaxx Exchange. The delivery involved 50 lots of Carbon Offsetting and Reduction Scheme for International Aviation carbon offset futures.
Is Cda.’s anti-greenwashing law helping or hurting firms?
Federal legislation aimed at combatting greenwashing has prompted companies to delete all kinds of public messaging, raising questions about whether the new rules are doing what they were intended to do or actually hindering environmental progress.
B.C. to tap wind, geothermal, hydro in clean energy push
The B.C. government said it is tendering a sweeping set of calls to build new energy projects — including wind, geothermal, hydro and battery storage facilities — in a call to power poised to vastly expand the province’s capacity to generate electricity.
U of A launches hydrogen research centre
VIDEO: The University of Alberta (U of A) has launched the Centre for Hydrogen Innovation, Workforce Development and Outreach. The goal of the centre is to focus on expertise at the university, and in the province, to advance hydrogen-related technologies.
Battery makers fined for missing Ont. recycling targets
Three of the biggest names in household batteries – Energizer, Duracell and Panasonic – are facing fines of nearly $3 million for failing to meet recycling targets in Ontario for 2023.
BP green energy chief to exit company
The architect of BP’s (BP-N) failed green energy agenda, Giulia Chierchia, will leave the embattled oil company within months as it continues its retreat from low-carbon investments amid a sharp fall in profits.
Industry Events
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Inventures 2025
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