Montreal, Canada
ELYSIS™ is a Canadian technology company pioneering a new era in the aluminum industry. Its groundbreaking technology eliminates the use of carbon anodes in the smelting process, effectively eradicating direct greenhouse gas emissions and producing oxygen as a by-product. This innovation holds the potential to significantly reduce the carbon footprint across various industries, from transportation to consumer goods. Formed in 2018 through a collaboration between industry giants Alcoa and Rio Tinto, ELYSIS has garnered support from the Canadian Government and Québec Government via Investissement Québec with a recent $20.00M grant investment as of 29 June 2021.
With its headquarters in Montréal and an industrial development site in the Saguenay-Lac-Saint-Jean region in Canada, ELYSIS also operates technology development teams in France and the United States. The company boasts a team of dedicated professionals focused on refining the ELYSIS™ technology, targeting commercialization by 2024.
ELYSIS™ represents a significant step forward in the quest for sustainability within the aluminum industry, drawing attention from investors and industry stakeholders alike. This initiative has the potential to transform the landscape of aluminum production, offering a compelling investment opportunity in the pursuit of environmentally responsible industrial practices.
