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.

TSXV:ELBM - Post by User

Electra Battery Materials Corp

Bullboard Posts

Post by ashentegraon Jun 20, 2018 9:11pm

163 Views

Post# 28202897

Share price down

Mr Market should be impressed.  Extensions to the Waite Zone, useful copper shows and Waite coming to surface are all good news.

Waite surfacing means collecting bulk samples to run through the refinery restart will be quick, cheap and low risk.  This will probably bring forward the restart by months.

I note FCC is also examining concentrating ore at Iron Creek.  Shipping untreated ore with grades of 0.5% from Idaho to Cobalt Camp for processing  would be prohibitive.

Ash

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week