Saskatchewan Research Council

Name

Saskatchewan Research Council

Legal name

Saskatchewan Research Council

Website

https://src.sk.ca

Company type

Public

Founded year

1947

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Applied Research and Technology Services

NAICS

Research and Development in the Physical, Engineering, and Life Sciences (54171), Scientific Research and Development Services (5417), Testing Laboratories and Services (54138), Environmental Consulting Services (54162)

SIC

Services-Testing Laboratories (8734), Services-Commercial Physical & Biological Research (8731), Services-Engineering Services (8711)

akta.pro primary industry

Minerals, Mining & Geologic Resources Administration (BPAIAMAJ)

akta.pro secondary industries

Leak Detection, Emissions & LDAR Testing (OGI, methane, fugitive emissions) (EUAEAHAL), Emissions Factors, LCA & Product Carbon Footprint (PCF) Platforms (EUABAEAD)

Keywords

• Applied research services
• Mineral processing testing
• Rare earth processing
• Environmental analytical testing
• Geoanalytical laboratory services

Headquarters

HQ city

Saskatoon

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Research and Development Services: SRC provides contracted R&D services to industrial clients, government agencies, and multinational companies across multiple sectors including mining, energy, environment, and agriculture. Revenue is generated through project-based engagements and long-term service contracts.
2. Laboratory Testing and Analysis: Commercial laboratory services including geoanalytical testing, environmental analysis, mineral processing testing, and specialized analytical services for clients worldwide. ISO/IEC 17025:2017 accredited methods.
3. Technology Commercialization: Development and commercialization of new technologies including rare earth processing capabilities. Includes pilot plant operations and process development for clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Saskatchewan Research Council provides applied research, development and demonstration (RD&D) and technology commercialization services for industrial clients worldwide. The organization operates specialized laboratories and pilot plant facilities delivering geoanalytical testing, mineral processing, sensor-based sorting, environmental analysis, and rare earth element processing. Revenue is generated through contracted R&D projects, ISO 17025 accredited laboratory testing, pilot plant studies, and technology licensing across mining, energy, environment, agriculture, and nuclear sectors.

Product overview

SRC is Canada's second largest research and technology organization offering a diverse portfolio of specialized services and facilities. The core offerings include the Rare Earth Processing Facility (REPF) - a first-of-its-kind integrated rare earth processing plant with hydrometallurgy, solvent extraction, and metal smelting capabilities; comprehensive Geoanalytical and Environmental Analytical Laboratory services; mining and mineral processing testing including the world's largest diamond laboratory; sensor-based ore sorting technologies; lithium battery recycling; and environmental remediation services. These products and services are designed to support clients across mining, energy, environment, agriculture, and nuclear sectors throughout the entire project lifecycle from exploration through to closure.

Differentiator

Problem solved

Functional benefit

Products and services

• Rare Earth Processing Facility (REPF) A first-of-its-kind, fully integrated rare earth processing facility in Canada featuring hydrometallurgy, separation, and metal smelting stages. The facility includes Monazite Processing, Solvent Extraction, and Metal Smelting units, designed to produce separated rare earth oxides and metals including NdPr alloy, dysprosium, and terbium for industrial clients in clean energy and defense.
• Geoanalytical Laboratories Comprehensive mining and minerals analysis services including the world's largest commercial diamond laboratory, ISO 17025 accredited testing for base metals, gold, lithium, uranium, potash, rare earth elements, and diamonds. Services target mining exploration companies and mineral processing operators worldwide.
• Kimberlite Processing and Diamond Recovery World-class diamond laboratory providing a full suite of commercial services from grassroots exploration through kimberlite indicator mineral recovery, mini-bulk sample processing, and diamond sorting and evaluation for mining companies.
• Sensor-Based Sorting Comprehensive sensor-based ore sorting (SBS) design and testing services covering mineralogical characterization to pilot testing, including X-ray transmission (XRT) sorting technology for mining operators.
• Mineral Processing and Metallurgical Testing Pilot plant and bench-scale testing services for mineral processing, including potash, rare earths, and other minerals, with expertise in process development and optimization for mining and minerals clients.
• Environmental Analytical Laboratories One of Canada's most complete analytical chemistry laboratories offering environmental test services including water quality testing, soil analysis, air quality monitoring, and radiological analysis for government and industrial clients.
• Automated Mineralogy Workflow High-throughput automated indicator mineral analysis combining advanced instrumentation (μXRF and SEM-EDS), robotics, and machine learning-driven analytics to deliver comprehensive quantitative mineralogical datasets for exploration decision-making.
• Lithium Battery Metals Recycling Direct recycling of lithium-ion batteries (LIBs) technology that extracts and recovers critical metals including lithium, nickel, cobalt, manganese, copper, and aluminum from end-of-life batteries through innovative black mass processing.
• Pipe Flow Technology Centre International leader in hydraulic transportation research and development for solid materials, supporting mining operations with slurry transport modeling, design, and testing.
• Climate Reference Stations High-quality climate data collection stations providing long-term environmental monitoring including temperature, precipitation, bright sunshine, global radiation, soil moisture, and snow depth measurements.
• Environmental Remediation (Project CLEANS) Multi-year project to assess and remediate 37 abandoned uranium mines in northern Saskatchewan, providing environmental remediation, monitoring, and community engagement services.
• Air Quality Services Air quality monitoring services including emissions testing and ambient air monitoring for industrial and government clients.
• Decentralized Energy Solutions Reliable, smart, and green energy supply solutions for remote communities and industries through hybrid energy systems and microgrids.
• Water Quality Testing Wide range of water quality tests for both groundwater and surface water conducted by SRC Environmental Analytical Laboratories.
• Emissions Reduction Technology Assessments Technology assessment services to support emissions reduction initiatives for energy and industrial clients.
• Slurry Applications Hydraulic transportation research and slurry applications support for mining and resource extraction operations.

Quantifiable outcome

• 59x return on provincial government investment
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• Emirates Nuclear Energy Company (ENEC)flagshipStrategic or Co-development Partner · 17 January 2026Three-year Memorandum of Understanding signed for collaboration on nuclear energy program development. Focuses on small modular reactors and microreactors, technology transfer, AI and robotics in nuclear energy, waste management, and knowledge exchange. SRC contributes nearly four decades of applied nuclear research experience including SLOWPOKE-2 reactor operation.
• REalloys Inc.coreStrategic or Co-development Partner · 17 December 2025Strategic partnership to develop North America's first fully integrated rare earth supply chain. Includes five-year offtake agreement for NdPr, Dy, and Tb products from SRC's Saskatoon facility. REalloys invested approximately $21 million to expand Saskatoon's heavy REE refining capacity by approximately 300%. REalloys secured 80% of annual production via long-term cost-plus offtake targeting early 2027 operations. Partnership also includes feasibility study for large-scale processing complex.
• American Rare Earths LimitedcoreTechnology or IntegrationAmerican Rare Earths is processing ore from stockpiled material through SRC's Saskatoon facility. Three-stage pilot plant pathway: milling at Western Research Institute in Wyoming, mineral separation using DISA's HPSA technology, and final hydrometallurgical refining at SRC's facility. This distributed processing strategy avoids the cost and time of a traditional pilot plant.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• CanmetMINING (NRCan): Natural Resources Canada's mining R&D arm. Directly comparable as a government-affiliated research organization providing mineral processing, hydrometallurgy, and environmental services to the Canadian mining sector, with similar pilot-plant and lab capabilities.
• Lynas Rare Earths: Australia-based, the largest non-Chinese producer of separated rare earth oxides. Comparable to SRC's REPF in REE separation/processing technology and customer base, though Lynas operates at full commercial scale versus SRC's pre-commercial stage.
• MP Materials: U.S. REE miner and processor operating Mountain Pass. Comparable to SRC in being a Western non-Chinese integrated REE producer targeting NdPr for EV magnets and defense applications.
• Energy Fuels: U.S.-based uranium and REE processor with monazite-to-oxide capability. Comparable to SRC's REPF in feedstock (monazite/bastnaesite), process route, and target end markets (NdPr, Dy, Tb for clean energy and defense).
• SGS: Global testing, inspection, and certification company with major mining/mineral and environmental labs. Comparable to SRC's Geoanalytical Laboratories and Environmental Analytical Laboratories in providing ISO-accredited assay, geochemistry, and environmental testing for mining clients worldwide.
• Bureau Veritas: Global TIC provider with substantial mining and minerals testing operations. Comparable to SRC's lab testing and mineral processing services in customer base, accreditation, and global service delivery.
• ALS Global: International testing services company with leading geochemistry and environmental divisions. Comparable to SRC for commercial mineral, environmental, and life-sciences analytical services, especially in diamond processing and base/precious metals assay.
• CSIRO (Commonwealth Scientific and Industrial Research Organisation): Australia's national science agency. Comparable to SRC as a government-funded RTO providing applied research, mineral processing, and environmental remediation services across mining, energy, and agriculture sectors.

Broad incumbents

• Idaho National Laboratory: U.S. Department of Energy national laboratory. Comparable to SRC's historical nuclear research and current SMR/microreactor ambitions, with broader scope but similar applied-research model.
• Battelle Memorial Institute: Large U.S. nonprofit applied science R&D organization. Comparable to SRC's diversified R&D commercial model across energy, environment, and materials, though at substantially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/srcnews
• YouTubeyoutube.com/user/saskresearchcouncil
• Facebookfacebook.com/saskresearchcouncil
• LinkedInlinkedin.com/company/saskatchewan-research-council-src

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors2 records

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saskatchewan Research Council