Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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.

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Electra Battery Materials Corp

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Comment by v1per12on Jan 10, 2018 10:16am

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Post# 27322467

RE:RE:RE:RE:Bounce

I'll need to look more into Mg ion batteries but could there still be a place for cobalt in these as well?
My understanding of the Li ion is that cobalt and carbon are the cathode and anode and the Li ion runs between them creating the energy. If the ion is being replaced with Mg, one would (hope) assume that Co and C remain constant. Cobalts worry would be that a better cathode is found thus dropping Co domand drastically.

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