Burnaby, BC (November 13, 2024) – The Honourable Terry Beech, Minister of Citizens’ Services and Member of Parliament for Burnaby North–Seymour, announced $1.5 million in funding for pH7 Technologies during a visit to the company’s industrial-scale Demonstration Plant in Burnaby. pH7 CEO Mohammad Doostmohammadi and CFO Dan Parmar, along with key members of the pH7 team, joined Minister Beech for a plant tour showcasing their breakthrough metal extraction processes.
This $1.5 million from PacifiCan will enable pH7 to purchase and install specialized equipment to support a more economical and sustainable approach to critical metal extraction, aligning with global clean energy goals.
Compared to traditional methods, pH7 Technologies’ advanced extraction technology reduces greenhouse gas emissions, water, and energy usage significantly, paving the way for a sustainable future in metal processing. This funding is projected to drive growth in Burnaby’s technology manufacturing hub and support green energy initiatives across Canada.
“Burnaby is leading the way in sustainability and innovation,” said Minister Beech. “Fresh ideas and groundbreaking advancements like those of pH7’s are not only transforming global industries but ensuring a cleaner, prosperous future for all British Columbians.”
“We’re grateful for the support from PacifiCan and our investors as we advance towards large-scale production of critical metals,” said Mohammad Doostmohammadi, Founder and CEO of pH7 Technologies. “This funding empowers us to scale our operations and further contribute to a circular economy, reducing environmental impact while meeting the demand for renewable energy technologies.”
About pH7 Technologies
Vancouver-based pH7 Technologies advances critical metal extraction through a proprietary, near-net-zero process, eliminating toxic emissions and minimizing energy consumption. Collaborating with industries, pH7 supports sustainable production and the global transition to clean energy.
About PacifiCan’s Business Scale-up and Productivity Program
This program aids high-potential firms, helping them expand markets, create quality jobs, and lead Canada’s shift toward a green economy.
