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 BarnFindon Apr 23, 2019 2:07pm

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Post# 29660467

RE:RE:Battery Materials in short supply.

I agree with you Goldfather. It does not matter whether the cobalt market grows or not if they do not effeciently use the assets they have. A refinery that is permitted and COULD produce positive cash flow does not have much value to First Cobalt unless it gets it running in a timely manner. Timely means within the next 24 months. If they cannot do that they are in the wrong business.

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