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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 ElJon Feb 07, 2024 12:29am
296 Views
Post# 35866748

RE:28tonnes shipped to customers…..

RE:28tonnes shipped to customers…..Yes MTwallet,
                         I anticipate from the 28 tonnes of nickel-cobalt MHP product shipped to customers that perhaps 40%+ (12 tonnes) of combined nickel and cobalt metal was sold, with the mix eventually approaching 50%...  and with nickel in the $16,000 region and Cobalt dropping from approx. $33,400 in mid-year 2023 to currently $29,135 the revenue might be in the order of magnitude of $275K US. At this particular stage the costs will be unreliable for many reasons (first batch processing; optimizing going-on; "pilot-opportunity" plant used; etc...   

This black mass process operation will be useful in the long-term, but the "real money" will be from an operating Cobalt plant, if/when it ever gets commissioned, 

Peace,
Good Decision-making to All,
ElJ
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