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Bullboard - Stock Discussion Forum 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... see more

TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > Why Cobalt Ontario is a perfect place to refine Cobalt
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Post by Goatburner on Nov 17, 2020 2:09am

Why Cobalt Ontario is a perfect place to refine Cobalt

For those of you who don't live in our area, that is the Cobalt area of Ontario, you might find it interesting to understand a little history about the environmental legacy and why it makes perfect sense to refine Cobalt here. Firstly, there would be very few willing hosts for any new refineries near other populations. Cobalt Ontario has a 50-year history of mining silver embedded in high arsenic embedded Rock. Virtually all lakes in close proximity to Cobalt Ontario are contaminated with arsenic. The damage has been done. Oh you can catch a fish here in The lakes I'm speaking of but you can't eat them and nor can your cat. The damage has been done here. But saying that, it does make it the perfect place to operate the refinery. Odd isn't it? But in this case,, a history of negative environmental legacy can work in our favor where it won't work anywhere else in today's environmental climate. Best wishes all and let's refine some Cobalt.
Comment by Austria08 on Nov 17, 2020 6:32am
This post has been removed in accordance with Community Policy
Comment by Marshall on Nov 17, 2020 8:16am
Just to be clear, the arsenic and pollution you're referrring to came mostly from the superstack in Sudbury.  Fortunetaly the superstack structure has been eliminated by Vale as emissions have been greatly reduced.  Lakes and forests are far better than they were years ago.  I remember the lack of trees in the Sudbury area and anything made of metal was corroded. It was often ...more  
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