Vancouver-based clean technology company NORAM Electrolysis Systems (NESI) has secured $5.6 million in government funding to accelerate the development of its next-generation electrochemical lithium refining platform.
The funding package includes $3 million from the Government of Canada through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) and an additional $2.6 million from British Columbia’s Innovative Clean Energy (ICE) Fund.
Scaling Next-Generation Lithium Refining
NESI will use the new funding to enhance its proprietary electrochemical lithium refining technology, which is designed to improve efficiency while reducing both energy consumption and operating costs.
According to the company, the next generation of its platform is expected to significantly increase processing capacity while delivering stronger performance and lower overall plant costs.
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Addressing A Critical Battery Supply Chain Challenge
Lithium refining remains one of the most significant bottlenecks in the global battery supply chain. As demand for electric vehicles and energy storage systems continues to rise, the need for more efficient and sustainable lithium processing solutions has become increasingly urgent.
NESI’s electrochemical refining process offers an alternative to traditional chemical refining methods by reducing emissions, lowering energy requirements, and recovering additional value from waste streams generated during production.
Expanding Global Operations
Established as a standalone company in 2022 from NORAM Electrolysis Systems’ electrochemical division, NESI has rapidly expanded its presence within the battery materials sector.
The company has already commissioned commercial-scale lithium refining infrastructure in both Canada and Europe and is actively pursuing projects across South America and Asia as it scales its technology globally.
Strengthening Canada’s Position In Battery Materials
Jeremy Moulson, President and CEO of NORAM Electrolysis Systems, said the funding represents an important step in advancing cleaner industrial processing technologies while strengthening Canada’s role in the global battery materials market.
He noted that the investment will help accelerate development efforts in British Columbia while supporting the commercialization of technologies critical to the future of sustainable lithium production.
Growing Demand For Lithium
Lithium remains a critical component in modern battery manufacturing, particularly for electric vehicles and large-scale energy storage systems.
Industry forecasts suggest global demand for lithium could significantly outpace supply over the coming decade as electrification accelerates worldwide. This trend is driving increased investment in innovative extraction, refining, and processing technologies aimed at securing future battery material supply chains.
About NORAM Electrolysis Systems
NORAM Electrolysis Systems (NESI) is a Vancouver-based clean technology company specializing in electrochemical lithium refining solutions. Founded as an independent company in 2022, NESI develops advanced refining technologies designed to reduce emissions, lower energy consumption, and improve efficiency across the global battery materials supply chain.
