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Bullboard - Stock Discussion Forum 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 Discussion

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Post by Starkicker on Sep 14, 2022 10:03am

Costly delays

Interesting article that highlights the need for Canada to establish a supply chain quickly. If ELBM is a critical part of that chain it needs to giddyup. https://www.cbc.ca/news/business/north-america-ev-tax-break-column-don-pittis-1.6580997
Comment by DoekeGouda on Sep 14, 2022 10:35am
The 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 ...more  
Comment by Starkicker on Sep 14, 2022 11:58am
I thought these paragraphs were pretty important too: Canada is the only democratically governed nation in the world that has all of the minerals necessary to support a comprehensive EV supply chain," he said. In a world beset by autocrats and sabre-rattling, that matters Canada has all the right ingredients to be a battery powerhouse," said Evan Pivnick, from Clean Energy Canada, one of ...more  
Comment by Silverad0 on Sep 16, 2022 6:00am
Starkicker, it is astounding the position Canada is in with respect to resources.  We are an absolute natural resource powerhouse leader in the world when you add up the different sectors.  Yet we have become a nation of lazy woke fools that believe Justin and his government will lead us in a world class positive direction.  Regulate, control, posture and pander.  In fact that& ...more  
Comment by Starkicker on Sep 16, 2022 9:53am
Agreed Silverado. We've put ourselves in a position where we have to consult with every last person within 100 miles of a project to get consent to move forward. That and lazy suits who are complacent  because they get paid whether they get results or not. So much for urgency. Meanwhile, we lose our advantge. Same old Canadian investment story.
Comment by dothemathpeople on Sep 19, 2022 9:06am
It's not just that, cause to be perfectlty real, money would speed all of that up, on all sides.  The aboriginal people and tribes are mostly in it for the money as well, don't kid yourself.  In the case of ELBM, tho, there never was an advantage to lose.  They started way behind because this was not their first or second choice of "mandates", and so they are still ...more  
Comment by dothemathpeople on Sep 19, 2022 8:58am
Well put Silver.  I don't really believe in your change of government thing needing to happen first, especially south of the border, but the rest of it, no matter the pile, is the smae sh1t to me for every "party".
Comment by dothemathpeople on Sep 19, 2022 8:56am
All nonsense and speculation.  I have little confidence in the current provincial and federal governments coordinating this.  Silverado's comment rings loud to me here. 
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