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moves money BetaKit June 09, 2026

NORAM Electrolysis Systems nabs $5.6 million to scale up lithium refining

NORAM Electrolysis Systems nabs $5.6 million to scale up lithium refining
AI Summary

Vancouver-based electrochemical lithium refining company NORAM Electrolysis Systems Inc. (NESI) has secured $5.6 million in federal and provincial funding to scale up its operations. The news: NESI announced on Tuesday that it received $3 million in funding from the Government of Canada through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), as well as $2.6 million from British Columbia’s Innovative Clean Energy (ICE) Fund.

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