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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

Post by reeJoeyon Dec 26, 2019 3:14pm
209 Views
Post# 30491740

2020 "Year of the EV"

2020 "Year of the EV"and I bought more of this non-DRC and Glencore-linked cobalt refiner today, the only permitted cobalt refinery in North America capable of producing battery materials.  And this will start next year.  Perfect timing for surge in EV vehicles.  Way ahead of the pack and at a time when all-North-American-based critical materials industries are deemed essential.  It doesn't hurt that its mining potential should mean its own NA feedstock.

https://www.theguardian.com/environment/2019/dec/25/2020-set-to-be-year-of-the-electric-car-say-industry-analysts

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