Finding better ways to provide the materials the world needs
We produce materials essential for human progress
We are the largest mining and metals company operating in Canada today
We work hard to leave a lasting, positive legacy everywhere we work
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In 2021, we created a dedicated venture capital fund to invest in technology and start-ups to help solve critical business challenges. Since then we've continued to invest in innovative companies that are consistent with our strategy.
We invested in to support their development of high quality, low impurity biocarbon that has the potential to reduce CO2 during ilmenite smelting. Every ton of Aymium’s product used in place of coal results in a net reduction of over 3 tons of CO2. In 2024, we established a joint venture named Évolys that will revitalise a pulp mill located in Thurso, Quebec and lead the production of responsible metallurgical biocarbon to reduce carbon emissions in Quebec.
In 2023, we invested in , an innovation company dedicated to engineering transformative technologies that serve people, planet and profit. Their patented technology adapts diesel engines to run on ethanol, methanol or other renewable fuels and achieve the same performance and power of a traditional diesel engine while cutting carbon and costs.
We invested in , a company that engineers, manufactures and delivers complete electrolyser plants that enable the low-cost and large-scale production of green hydrogen. EH2 plants produce hydrogen at a transformational low cost to help hard-to-decarbonise industries, such as steel, ammonia, and freight transport, achieve their economic and climate goals.
We invested in to support their development of an electro-filtration technology for lithium extraction and refining. This has the potential to significantly reduce lithium production costs which could make onshore processing more competitive.
In 2023, we partnered with , a leading cleantech fund focused on accelerating the development of critical energy transition technologies across North America. Evok invests in early-stage decarbonisation technologies, encompassing carbon capture, use and storage (CCUS), clean fuels, electrification, industrial decarbonisation and critical minerals, areas that closely align with our commitment to a low carbon future.
We contributed A$6 million to to accelerate the development and application of GMG’s Graphene Aluminium-Ion batteries. Our agreement aims to co-develop GMG’s Graphene Aluminium-Ion battery pouch cell into an initial battery pack/module proof of concept.
We’re partnering with Nano One, a North American technology company working on battery materials, to support their cathode active materials manufacturing for a cleaner and more efficient battery supply chain.
has developed a heat battery that captures low-cost renewable electricity and delivers continuous high-temperature heat, enabling customers to power their operations with zero-carbon energy.
We invested in due to their unique technology to create supplementary cementitious materials from a wide variety of non-carbonate feedstocks and waste products, dramatically reducing the greenhouse gas emissions caused by cement production.