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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 Obamanomicson Mar 15, 2018 11:58am
122 Views
Post# 27720542

RE:RE:RE:RE:RE:Simply put if you see FCC hitting $1.34

RE:RE:RE:RE:RE:Simply put if you see FCC hitting $1.34agree 100%.... if you have 25K shares and 5 years time, you can make a lot of $$$  here - but patience is key and do you own DD! But..... the potential here is astronomical.

Just imagine if Elon Musk bored a tunnel from his Giga-factory directly to Iron Creek and another directly to Clayton Valley for both lithium & cobalt. Ok, let's assume he doesn't bore a tunnel, let's then assume the Tesla trucks will shuttle material directly to the Tesla factory. That alone would put a constraint on this locally sourced ethical raw material - prices will rise. If I'm not mistaken, Tesla has some type of agreement with PEMIF for Lithium, he may try to do the same here with First Cobalt - and this scenario relates to just one customer - imagine the upcoming demand in the next few years once things spin up!

Hold on to your shares because it will be hard to lose on this gem!! JMHO - DODD!!

GLTA - long & strong!
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