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.

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Electra Battery Materials Corp

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Comment by rotten2coreon Jul 20, 2018 10:01am

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Post# 28343835

RE:RE:RE:Doesn't look good.

On the contrary; yesterday's news of Panasonic dropping Sherrit was good news for all emerging Cobalt players. Not only will Panasonic need a new supplier, but it shows how important North American supply will be in the coming years. Right now, the DRC is a necessary evil as they supply 60% of the worlds cobalt. But battery makers are desperately seeking local supply that wont come with the same scrutiny from consumers. The last thing they want to be dealing with is questions about child labour and corrupt governments. FCC is poised to capitalize. GLTA.

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