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.

TSXV:ELBM - Post by User

Electra Battery Materials Corp > Cobalt ‘Bubble’ Will Burst / Bloomberg

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Comment by Jordswordon Jun 14, 2021 10:05pm

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Post# 33386443

RE:Cobalt ‘Bubble’ Will Burst / Bloomberg

This article is based on one persons bias who is "not a fan of cobalt" and doesn't provide any facts or information on why cobalt is a bubble that will burst. It only mentions that other technologies will surely come along to replace cobalt in batteries but also doesn't cite any such technologies or any details. Basically zero substance

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