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.

TSXV:ELBM - Post by User

Electra Battery Materials Corp

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Post by bwannaon Dec 19, 2019 11:49am

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Post# 30472843

feed-stock

I'm confused about where the feed-stock for this refinery will come from? Glencore produces nickel matte in Sudbury and it's refined in Nikkelverk where both nickel and cobalt are produced.

why plan to make a bigger refinery when they already have a refinery ready to go (+/- capex to refurbish it)

does anyone know where the feed will come from and why they don't start the current refinery instead of thinking about expanding?

thanks

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