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

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Comment by docksitteron Jul 04, 2018 5:53pm

139 Views

Post# 28269516

RE:Hang Tough & Buy

I think that Refinery/Mill is actually 40 years old . It was called Cobatech originally I think.
The Swiss guys (United Commodity) did very little updating I was told. All they were doing was a pump and Dump and run a bunch of pumps.

If that is the case $300 million looks like a steep number
I was told about $150 million to update and expand the tailings and move the Mill.

All rumours from the locals
Hoping something happens I dont like the SP I am totally upside down on this one.

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