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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 May 03, 2018 2:18pm
86 Views
Post# 27978200

RE:Anyone concerned about Tesla's cobalt comments?

RE:Anyone concerned about Tesla's cobalt comments?Not really. All experts agree, because of the stability it provides, there is no viable way to reduce Cobalt drastically enough to have a negative effect on the Cobalt market in the next 10ish years. In theory, cobalt can be reduced but not eliminated. However practical demonstrations have failed. Technology is very slow to develop. Musk also wants to shoot people through tubes at 700mph and have people living on Mars. Hes a dreamer
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