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Electra Battery Materials Corp. V.ELBM

Alternate Symbol(s):  ELBM

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park, which will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, to become a reliable supplier to both North American and global EV and battery supply chains.


TSXV:ELBM - Post by User

Comment by dothemathpeopleon Sep 10, 2020 10:11am
204 Views
Post# 31532664

RE:China stockpiling #cobalt not big news?

RE:China stockpiling #cobalt not big news? China has been stockpiling cobalt cons for over 30 years, maybe that why no one is talking about it; they already know.  China owns the supply chain from the DRC (and the mines), and have for decades; welcome to the party gunns.  FCC does NOT have a active permitted or licensed anything right now. The funding from Glencore is debt funding. After a year of testing, they have recently moved testing off site, to third party facilities; not a great indicator. How do you justify doubling FCC's worth on the building they own???? The money pit that is the Yukon/UCC/FCC facility? 30 years and not running.  So you believe it is worth $52,000,000?!?! SOLD! I guess there really IS one born every minute.
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