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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Comment by Goldfatheron Feb 04, 2020 5:54pm

177 Views

Post# 30642541

RE:GC

GC NEWS :

Glencore on Tuesday said its 2019, copper output reached 1.37 million tonnes while cobalt climbed 42,200 tonnes. In the fourth quarter, copper output fell to 355,400 tonnes and cobalt production dropped to 11,900 tonnes.

It should benefit from the rise of electric vehicles, which use high volumes of copper and cobalt.
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....therefore FC would be producing 12% of GC's CO w/ their 5,000 tonnes p/yr

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