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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

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

Comment by davidyon Jun 13, 2005 10:02pm
116 Views
Post# 9155464

RE: Bloomberg survey projects copper price drop

RE: Bloomberg survey projects copper price dropThe sample size of just 21 traders/analysts/investors on this survey is a bit thin. They were also far from unanimous, with a rough 2/3 to 1/3 split on Cu price +/- opinion. I remain optimistic that Cu can remain at least around US$1.50/lb for a while yet, when you look at inventory a price spike remains possible, too. The item says nothing about infrastructure development in developing countries. That is really what will sustain Cu prices at recent highs. I am the first to admit that we will see a drop significant price drop sometime, but I cannot see it on the horizon just yet. Anyone else care to post an opinion?
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