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 DrChaoson Oct 25, 2018 4:48pm

184 Views

Post# 28874202

RE:RE:RE:RE:new low

It seems to me that this tariff scare just means discounts for people who believe EVs are taking over.

Who cares as long as people are buying cobalt. No one is producing refining cobalt in the US. It has to go from mine to car, and if the cars are being bought, cobalt mines are making $$$. If more EVs are bought next year, more cobalt is needed. If First cobalt can sell, people will buy, tariff or no. Am I missing something?

Just an indicator of where the car market is going: https://www.bloomberg.com/news/articles/2018-10-03/tesla-s-model-3-is-becoming-one-of-america-s-best-selling-sedans

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