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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 copperisgold7on Apr 19, 2006 5:48pm
260 Views
Post# 10711125

Triagulating the Firing Story

Triagulating the Firing StoryI have now had two separate people relay what they believe the story is behind the firing (both have an indirect involvement with AUR and one has been dead-on in the past about personal gossip). Surprisingly, their stories are pretty different, with the only parts that overlap involving a dispute over corporate strategy and a breach of confidence regarding that dispute, i.e., relaying it to a third person. That's it, so I discount everything beyond that overlap until we hear more (but we probably will never hear more officially if the Inmet/AUR merger failure is any indication as reasons were never formally given for that break up). What this firing means for shareholders at the AGM (if nothing breaks before then)is that Dr. Gill will probably throw us a bone to distract us from this issue by increasing the dividend substantially or paying off whomever is necessary to get La Verde drilling underway again. Great news in both cases. I suspect that this week is the last buying opportunity before the news next week regarding Chilean Stock Exchange and Andacollo Final Feasibility Study, et al.
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