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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 rotten2coreon Mar 26, 2018 8:49pm
129 Views
Post# 27785223

RE:RE:RE:Long term take out target

RE:RE:RE:Long term take out target Rockmoney, nobody said theyd be mining in 18 months. So why dont you read instead of jump on here like a keyboard warrior accusing people of making "insane statements". I saaaaaaaaaaid that Trent Mell said they could be generating cashflow with their REFINERY in 18 months if they had the feed. Its the only refinery in North America. Which means any cobalt miner could contract them to process their ore. The refinery is a gem of an asset. $100M replacement cost and gives them the ability to process their own ore 4-5 years down the road, or someone else's much sooner.
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