This additional working capital follows the company’s recent announcement of an investment of $8.4 million, totalling $11.1 million of capital infusion in the last 30 days.
Projects receiving funding will try to enable the shift to more affordable, lower-carbon fuels in high-emitting sectors such as biomass collection, transportation and processing.
Canada’s best strategy for now is to take a “wait and see” approach publicly, while avoiding any threats of retaliation, said Fen Hampson, an international affairs professor at Carleton University.
The company’s silicon anodes aim to reduce particle fracturing and side reactions during cycling tests, enhancing conductivity and lithium-ion diffusion for improved performance.