Elcora Advanced Materials Corp. is a Canadian company specializing in the extraction and processing of essential battery metals, including vanadium, manganese, and copper. Founded in 2011 and based in Nova Scotia, the company has established itself in the battery materials sector through vertical integration strategies. Elcora focuses on developing sustainable solutions for the electric vehicle and renewable energy markets.
The company’s operations span from raw material extraction to processing and refining, with significant projects in Morocco. Through strategic partnerships and continuous technological advancement, Elcora aims to meet the increasing demand for battery-grade materials while maintaining high-quality standards and environmental responsibility.
Battery Technology
Elcora’s technical expertise centers on three main areas: graphene-infused lithium-ion batteries, vanadium redox flow batteries (VRFBs), and manganese-based energy storage solutions. Their graphene-enhanced lithium-ion batteries showcase improved charging capabilities and enhanced performance characteristics, particularly in electrical and thermal conductivity.
The company’s work with VRFBs represents a significant advancement in stationary grid-scale energy storage. These systems offer extended operational lifespans and excellent scalability potential, making them ideal for large-scale renewable energy applications. Elcora’s manganese processing capabilities support the production of high-grade materials essential for modern electric vehicle batteries.
Through collaboration with industry leaders like Lockheed Martin, Elcora has advanced its graphene technology integration in various applications. The company also maintains active research programs in solar energy enhancement, where their graphene and graphite technologies contribute to improved photovoltaic panel efficiency.
Recent Projects
In October 2024, Elcora formed a partnership with Mincape SARL to expand manganese mining operations across Morocco and West Africa. This initiative aims to establish a reliable supply chain for high-quality manganese ore serving the EV battery market. The company also recently completed its 2025 Annual General Meeting, where shareholders approved several strategic initiatives, including a share consolidation plan to optimize market positioning.
Investors
Notable shareholders include Denis Choquette (3.216%), Troy Grant (2.284%), Johannes van der Linde (2.070%), and G6 Materials Corp. (11.96%). In May 2024, the company secured additional financing through a private placement of CDN$102,750, structured as an 8% interest-bearing, unsecured, convertible promissory note, convertible at CDN$0.05 per share.
Business Details
Location: Halifax, Nova Scotia, Canada
Website: https://elcoracorp.com
LinkedIn: https://www.linkedin.com/company/elcora-advanced-materials/
