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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 DoekeGoudaon Sep 14, 2022 10:35am
151 Views
Post# 34961599

RE:Costly delays

RE:Costly delaysThe most interesting and important part of this article:

By combining Canada's auto assembly, parts business, battery making and mining proficiency with the expansion of the country's existing battery materials expertise, the report says Canada is ideally placed to become a global leader, adding an estimated $48 billion a year to the economy and creating hundreds of thousands of jobs across the country.

The plan would require billions of dollars in federal and provincial seed money, but most importantly, it would require a thought-out industrial strategy of the type developed by other industrial powers like Germany, linking each part of the integrated sector and planning it with industrial players.

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