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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

Post by Winning36on Aug 21, 2018 11:18pm
249 Views
Post# 28497024

Nice change in Sp

Nice change in SpIt has been pretty quiet around here considering the nice gap up in Sp in tha last couple of days. Thing seem to be moving along nicely for a change. Cobalt prices seem to have bottomed out over the past few weeks. We hit a wall at .35 today but had good support and held between .34 and .35 but I kinda figured there would be some profit taking after Monday’s jump and a lot of bag holders in this stock just trying to make some money back. Including myself. If we break 35 it seems like we should run to .38-.39 befor running into resistance. Refinery results should be coming soon and more drill results in October things are looking up. A lot of things need to fall in to place befor this thing can take off but I think finally we are headed in the right direction.
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