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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 TripFontaineon May 02, 2020 5:04am
311 Views
Post# 30978939

A bit irritating..

A bit irritating..
...that they didnt release the study yesterday. They could still have a CC on Monday giving investors some time reading it and write down questions.
Their actions gives the market uncertainty. I fear that there will be complications in the release like perhaps Glencore pulling out, that needs to be handled with a instant CC to prevent a total meltdown. Hope Im wrong but I sold a few of my shares just in case. If the study turns out to be a go-ahead green light the proper thing should have been releasing it yesterday.
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