RE:Electra Awarded $5 Million from Government of Canada Summary selected Extracts and Question:
“While recycling critical minerals is part of our business strategy, we also remain focused on the construction of our cobalt sulfate refinery and look forward to updating the market with funding developments to restart construction.”
Question relating to the News Release: Will the planned accelerated next phase of the Black Mass recycling project occupy part of the cobalt sulfate refinery plant in a manner that compromises in any time delay manner the restart of final installations and commissioning of the cobalt refinery?
Associated extracts…
“$5 million in contribution funding from Natural Resources Canada to support the development of its (Electra’s) proprietary battery materials recycling technology”,
is positive as indicated in statement that “Electra is accelerating the next phase of its recycling project”…. to demonstrate on a continuous basis that the Company’s hydrometallurgical black mass process is scalable, profitable, and can be implemented at other locations"
Peace,
Good Cecision-making to All,
ElJ