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Rain Industries Subsidiary Partners for Sustainable Battery Material Development

Story Highlights
  • Rain Carbon Canada partners with Green Graphite to develop sustainable battery materials.
  • The initiative aims to support Canada’s zero-emission goals and enhance the battery supply chain.
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Rain Industries Subsidiary Partners for Sustainable Battery Material Development

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The latest update is out from Rain Industries Limited ( (IN:RAIN) ).

Rain Carbon Canada Inc., a subsidiary of Rain Industries Limited, has partnered with Green Graphite Technologies Inc. to develop sustainable graphite anode active materials for lithium-ion batteries. This collaboration, supported by a grant from Next Generation Manufacturing Canada, aims to create a circular supply chain for battery materials, supporting Canada’s transition to a zero-emission future. The initiative is expected to enhance production efficiency, reduce environmental impact, and contribute to the growth of the Canadian battery supply chain by 2030.

More about Rain Industries Limited

Rain Industries Limited operates in the manufacturing sector, focusing on the production of carbon-based products. The company is involved in the development of materials for various industrial applications, with a particular emphasis on sustainable solutions for the energy sector.

Average Trading Volume: 113,903

Technical Sentiment Signal: Sell

Current Market Cap: 43.41B INR

Learn more about RAIN stock on TipRanks’ Stock Analysis page.

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