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

Comment by rockmoneyon Jul 20, 2018 3:05pm

146 Views

Post# 28346238

RE:FCC Business Plan

Actually I have to disagree. The results to date from the Cobalt camp in Ontario are rather poor. Erratic grades over incredibly narrow widths, which is typcial of the camp. It will be challenging indeed to put together meaningful resoures there.

Today they do not have a deposit nor any compliant resources. That is the first step. Only then can they consider offtake agreements. But today it makes zero sense because they have absolutely nothing to sell to anyone today.

Maybe in two to three years they can consider that after developing resources and an economic mine plan. Again both do not exist today. This is a very longer term play.

Bullboard Posts

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