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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

Post by Goatburneron Dec 22, 2020 2:26am
371 Views
Post# 32158928

EV batteries. Is Cobalt still relevant? YES!!

EV batteries. Is Cobalt still relevant? YES!!Good morning all. I see there's been a number of posters who have all asked the same question " is Cobalt still relevant regarding EV batteries"? I too, have wrestled with this one. In fact not too long ago, I divested from FCC only to reinvest again once I learned more. So you're not alone on that question. Firstly and most important is the fact that EV batteries without Cobalt is at least five to ten years out. Some of you have obviously read some company's view of how their battery is going to revolutionize the EV industry. They are a dime a dozen now. While it may be true that there will come a time when EV batteries will no longer need Cobalt that time is not now. And frankly it might never happen at all. Nobody knows the future-we have to deal with what we got. And right now, the world needs Cobalt for EV batteries and even the government of Canada and the government of Ontario have both showed support for this reality. Have a good day all and sleep well at night if you are invested in FCC.
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