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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 Master splinteron Jun 05, 2020 4:05pm
306 Views
Post# 31118226

Water, road, and railway...? Trade routes? DOC, US and CAN?

Water, road, and railway...? Trade routes? DOC, US and CAN?

DOC is primo...it is so primo that we can't comprehend the depth and breadth of supply. Yet, Glencore will evolve and that beast is a machine. ASIA will grow continue to grow... and without favortism...it will grow too quickly and it will consume the supply. Glencore, without defemation, can be noted as a company that evolves and cannabliizes constantly. Yes, the DOC is topographical a far distance...is Glencore actually thinking about the cost to ship material to Ontario? Is that the responsibility of FCC? Indeed, that will tally up. Please help me rationalize the trade route of Cobalt to Ontario's doorstep ...likely Hamilton harbour?  

More importanyl, as business evolves, will CAN be mining Cobalt? Will US be mining cobalt? Will we rely constanty on DOC? Next steps are so important. Could we possibly get another loan...get the North American properties producing too. It has to be a constant feed supply. Will Glencore invest further to get supply from North American properties? Glencore has machinery... a lot of machines! Why can't Glencore put machines on the North American properties? FCC needs machinery and mechanics to bunker at those properties ASAP and that is a critcal next step for North American auto supply chain. Drilling is donc Correct? We need to get those properites extracing pay. Loans? That is an option. We seriously need to give serious thought to putting shovels in the ground at US (not to mention CAN properties too). Do we intend on a second refinery on the American properties? 

Overall, is DOC the only supplier? Will our Ontario property be actively mined? Will the US property be active? Will Glenocre provide leased machines to mine on NA property? 

Clarifcation on some issues is obvious...
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