Linamar and Regen Resources Form Alliance to Advance Battery-Grade Graphite Development in Ontario

Guelph and Welland, ON – March 2, 2026 — Linamar Corporation and Regen Resources today announced a strategic alliance aimed at advancing the commercialization of graphite assets located in Welland, Ontario, to support the development of a domestic supply of battery-grade graphite for industrial and automotive applications.

The alliance brings together Regen’s upstream graphite resource reserve of approximately 340,000 tonnes with Linamar’s downstream processing capability, creating an integrated pathway from resource development to processed material aligned with end-customer requirements. The parties have also identified an initial offtake partner to support early commercial demand.

Development is expected to proceed in phases, with a focus on technical validation, operational readiness, and alignment with end-market needs. Commercial terms, valuation assumptions, and processing economics are not being disclosed at this time. Further disclosure will be made in accordance with applicable regulatory and securities requirements.

“This alliance reflects an execution-focused approach to developing Domestic and North American origin supply of this and other critical minerals are imperative in the current climate, and we anticipate tremendous customer interest for secure and comparatively green supply of graphite,” said Jim Jarrell, President and Chief Executive Officer of Linamar Corporation.

Steve Charest, Founder and Chairman of Regen Resources, said the partnership “connects a validated resource that is one of the lowest-carbon for synthetic graphite with established processing capacity and market demand. This independently tested and accredited synthetic graphite reserve is a Made in Canada solution to economic resiliency.”

“Canada and our partners are working together to build the secure and reliable critical mineral supply chains that our economies and defence industries rely on,” said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. “By working with companies like Linamar and Regen Resources, we are helping to deliver the minerals the world needs and the prosperity and security Canadians deserve.”