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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 ThunderMeaton Jan 09, 2018 10:52pm
109 Views
Post# 27319816

RE:RE:RE:Bounce

RE:RE:RE:Bounceyou are right. they are in exploration phase, need feasibility study that lists how much ore they have, what the cost is to get it and sell it, and if its worth it vs market price.

so we wait for feasibility results/assays, that is only thing that will make this pop.

From my research solid state magnesium batteries will be the next big thing but are far away (at least 5 years). You have to think why did tesla build a battery factory specifically for Lithium Ion batteries, im sure it can be retrofitted for another type of battery but the near future is all lithium ion.


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