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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 ashentegraon May 02, 2018 7:14am
93 Views
Post# 27968495

RE:First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Initiates Stu

RE:First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Initiates Stu"The intention of the study is to help First Cobalt estimate the capital needs for the future restart of the refinery. It will also estimate the increase in throughput of an expanded facility within the present building footprint. In addition, operating cost estimates will be provided for both scenarios."

I guess the 'present building footprint' avoids additional permitting, even if the internals have to be re-worked to process muckpiles. The already-processed material won't be homogenous - eg, some will be coarse grained, other chemically-tainted or already processed with a variety of methods.

Muckpile reprocessing, even if only modestly profitable, could really boost this business. It gets to learn more about the chemistry, employ and garner local goodwill, generate revenues and publicity, and most importantly, supply Cobalt into NAmerica.

Tantalizing.

Ash

ps.  Thanks Obama for your good wishes on Australia. Oz and Canada are culturally very similar, though we have flies for your mosquitos and blazing heat for your frigid cold.




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