The largest producer of graphene material in Canada is NanoXplore, Inc.
with its patented technology to produce graphene powders. The company has capacity to produce 25 metric tons per year in a facility that could be modified to 70 metric tons per year.
Early on the company got a boost from Canada’s government with a CA$3.3 million project to reduce the footprint of electric-motor-driven systems using graphene-enhanced engineering plastics. The project was aimed at support development and adoption of electric vehicles.
At the beginning of 2019, NanoXplore raised US$31 million in new capital through a private placement of debt to a group of institutional investors. The debt raise follows an equity investment by Martinrea International in December 2018, that more than doubles Martinrea’s ownership in NanoXplore. The two companies already have agreements in place for supply of graphene by NanoXplore to Martinrea and for joint development of graphene technology.
All of these companies rely on supplies of raw materials from other parties. However, some graphene producers have found it advantageous to adopt an integrated business model that combines natural graphite resources with graphene processing.