Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.

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Electra Battery Materials Corp

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Comment by ThunderMeaton Jan 10, 2018 3:33pm

83 Views

Post# 27326926

RE:RE:RE:RE:RE:Bounce

you may be right as per wiki the magnesium replaces the lithium

"Magnesium secondary cell batteries are an active topic of research, specifically as a replacement for or improvement on lithium ion based battery chemistries - as a Li-ion replacement magnesium cells may be possible with a solid magnesium anode, allowing a higher energy density than that with lithium, which requires an intercalated lithium anode. Insertion type anodes ('magnesium ion') have also been researched."

but like i said progress is slow

"As of 2014 secondary magnesium battery research had not progressed as far as producing a commercialisable battery, with specific challenges being the electrolytes and cathode materials.^[9] As of 2015 the barriers to producing a commercially useful magnesium battery were the lack of demonstrated practical electrolytes and cathode materials for magnesium ions.^[6]"

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