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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 rotten2coreon Jun 22, 2019 9:58pm
90 Views
Post# 29853244

RE:RE:RE:RE:RE:Tick Tock

RE:RE:RE:RE:RE:Tick Tock If I had to put a number on it, I’d say there is a 90% chance that a deal of some sort is reached.  They would not have even bothered signing and announcing the MOU if they weren’t already in agreement on principle. I will be interested to see the terms, but I am very confident a deal (which includes GC financing a refinery re-start) will be secured and announced within 30 days. GF, it has only been 30 days since the announcement. They still have a full month to get a deal done. GLTA 
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