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CACanadaNatural Resources Canada (Critical Minerals Research, Development and Demonstration program)

Saltworks Technologies Inc.

Concentration and conversion of Canadian lithium brine into lithium battery precursors

CommitmentInstrument not specifiedPublicAnnounced

fin-ca-cmrdd-2024-saltworks-lithium

Reading this record

What the evidence says — and does not say

What kind of figure?
CommitmentMoney, or a money-like promise, committed to a named recipient or project. The only role ever summed.
What has happened legally?
AnnouncedPublicly announced; no decision or agreement is stated.
Has money been paid?
Follow the payment evidenceThis status does not itself establish a cash payment. In particular, a signed contract does not necessarily establish an obligation of funds.
What does it link to?
Project attributionOne registered project is linked directly to this row. The link alone does not prove the amount was paid or that the project advanced.

This is a commitment role, but the financial status still determines legal standing and payment. Funding and verified industrial outcomes remain separate. A financial record alone never independently verifies construction, commissioning or production. Read SMPT's counting and evidence rules.

Amount

CAD4.9375 million

As stated “$4,937,500 investment”

CAD 4,937,500 · Exact · Currency read from the issuing government

Record

Provider
Natural Resources Canada (Critical Minerals Research, Development and Demonstration program)Natural Resources CanadaGovernment body
Legal authority
Not stated
Programme
Critical Minerals Research, Development and Demonstration (CMRDD) program
Recipient
Saltworks Technologies Inc.Saltworks Technologies Inc.Company
Project
Concentration and conversion of Canadian lithium brine into lithium battery precursorsLithium Brine Concentration and Conversion Demonstration capital stack →
Facility
Not stated
Location
Not stated
Stages
ProcessingSingle stage
Materials
LithiumTracked materials only

Status

Financial and physical progress are separate histories. The last entry is current.

Financial

  1. Announcedcurrent

    The release published 11 July says the Minister announced the investments 'yesterday'. No matching CMRDD agreement record for this exact C$4,937,500 award was located in the reviewed public disclosures, so the row is not promoted beyond announced.

    Natural Resources Canada

Implementation

  1. Announcedcurrent

    The release states the investment will accelerate concentration and conversion of Canadian lithium brine using technologies already developed and tested by Saltworks; no construction/operational milestone is stated.

    Natural Resources Canada

Notes

Exact announced amount from the NRCan release. The source establishes a government investment and project purpose but not a binding agreement or payment; absent a matching agreement disclosure, financial standing remains announced.

Evidence

Every populated field names the source that states it, how directly, and where.

  1. Government of Canada Invests Over $9 Million to Enable Made-in-Canada Lithium Battery Supply Chain in British Columbia

    Natural Resources Canada

    Fields supported
    Instrument · Value role · Capital source · Amount · Provider · Recipient · Project · Supply-chain stages · Materials · Status · Programme
    Evidence level
    Explicit
    Location in document
    Opening paragraph; Saltworks investment paragraph
    Qualification
    Currency is read from the Canadian federal issuer context.
    View source dossier →