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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

Comment by Winning36on Aug 29, 2018 5:57pm
67 Views
Post# 28538909

RE:RE:RE:RE:What goes up

RE:RE:RE:RE:What goes upI also agree that we have positive momentum we just need set a new higher low befor the next leg up. Cobalt prices are going to have a huge effect on the Sp. News release will help bring the Sp higher. As for the Refinery we need a lot of things to fall in place for that project to be a go. There Bunch of issues, waste water, price to renovate refinery, raising money for refinery, finding a steady flow of product to put through refinery. So I would would say 1-2 years befor that project comes online. The Idaho drill results is the thing that might make this fly short term. Cobalt prices should ramp up in the next two months now that summer is coming to a end. With cobalt prices higher and positive drill results And hopefully a refinery that does not cost to much to get up and running. Should make for an interesting rest of the year. 
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