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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 rovaniemiroveron Apr 30, 2020 10:15am
122 Views
Post# 30970885

RE:RE:House positions for First Cobalt Corp. (April 29, 2020)

RE:RE:House positions for First Cobalt Corp. (April 29, 2020)explanation quite simple.  retail investors buying and selling, and the net of the days transactions results in more volume transacted on the losing side, rather than the winning side.  That's all.  No institutional traders here, so the "house" is not taking the loss, just the net effect of individual retail investors transactions creates the impression that the "house" took a loss.
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