Vancouver, BC (March 20, 2024) – pH7 Technologies (pH7), known for its expertise in the sustainable extraction of critical metals, has been awarded $850,000 in funding through BC’s Innovative Clean Energy (ICE) Fund. The funding announcement was made by the Honorable Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation, during a tour of pH7’s new commercial plant in Burnaby today morning, alongside MLA for Burnaby-Edmonds, Raj Chouhan.
pH7’s innovative work in critical metals extraction is helping pave the way forward for the transition to renewable and green energy technologies. The company’s proprietary closed-loop solution extracts and refines critical metals that will help the mining sector transition to renewable energy in an environmentally and economically sustainable way. The new process also enables efficient metal extraction from low-grade resources or difficult substrates in a cost-effective way. The metal alloys, including platinum group metals, copper, and tin, produced by pH7 are then refined by industrial customers.
“We at pH7 are seeing a real opportunity to advance in the path to net-zero and are honoured to be receiving the support of the Province’s ICE Fund as we explore continued growth and commercialization of our technology,” said Mohammad Doostmohammadi, founder and CEO of pH7 Technologies. “The clean, green future we envision requires more critical metals than we have access to currently. Through innovation and collaboration, we look forward to bringing our cleantech solution to help scale the extraction of metals and make existing processes much more sustainable and cost-effective.”
With $850,000 from the Province’s Innovative Clean Energy (ICE) Fund, pH7 will conduct a pilot project to process 5,000 kilograms per day of raw materials into approximately 2,500 kg of extracted platinum group metals per year. This method results in significantly less greenhouse gas emissions, electricity and water usage compared to mining or other recycling methods.
“B.C. is home to a growing clean-energy sector, accounting for 20% of Canada’s world-leading clean-tech firms that are having positive impacts globally,” said Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation. “With near net-zero environmental impact in the extraction of critical metals and minerals, pH7 is demonstrating the kind of innovative thinking that can transform mining around the world.”
“To combat climate change, we know that it is essential for industries to reduce their emissions,” said Raj Chouhan, MLA for Burnaby-Edmonds. “pH7’s pilot project could help the mining sector reduce their emissions and water usage while extracting the critical minerals needed to produce clean energy like electric vehicles, solar panels, wind turbines, electrical transmission lines and batteries.”
The ICE Fund was established in 2007 to support BC’s clean-energy sector, and supports the production of clean, renewable energy technologies: reducing costs and helping to preserve the environment by supporting projects that lowers the consumption of fossil fuels.
The work being done by pH7 aligns with the CleanBC Roadmap to 2030, BC’s plan to expand and accelerate climate action, building on BC’s natural advantages – abundant, clean electricity, high-value natural resources and a highly skilled workforce. It sets a path for increased collaboration to build a British Columbia that works for everyone.
Learn more about pH7 here: ph7technologies.ca
Learn more about the Innovative Clean Energy Fund here: https://www.gov.bc.ca/innovativecleanenergyfund
Learn more about the CleanBC Roadmap to 2030 here: https://cleanbc.gov.bc.ca/
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About pH7 Technologies
pH7 Technologies is a cleantech firm based in Vancouver, BC, advancing the extraction of critical metals vital to the energy transition. pH7 Technologies has developed a proprietary closed-loop extraction process that increases the supply of critical metals and minerals with a near-net-zero environmental impact. With no toxic emissions, wastewater, or effluent and lower energy consumption, pH7 partners with mines, OEMs, and recyclers seeking to minimize their environmental footprint and achieve their sustainability goals.
About the Government of B.C. Innovative Clean Energy Fund:
The Innovative Clean Energy (ICE) Fund was established in 2007 and was designed to support government’s energy and environmental priorities and advance British Columbia’s clean energy sector. It receives funding through a 0.4% levy on the final sale of specified energy products – currently natural gas, fuel oil and propane distribution systems.
