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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 dothemathpeopleon Aug 30, 2020 9:55am
238 Views
Post# 31476529

RE:PP Completed

RE:PP CompletedMore of what you are used to; BS.  $1.3M is flow through, thats all they'll spend on the ahem "silver evaluation".  An opportunity to once again fake out their shareholders with a distraction form the real concern with FCC; the refinery. Third party test sights.  Glencore feedstock of cobalt shipped from the DRC to Cobalt.  The Glencore $5M noose around FCC's neck. The 400M share albatros that will never fly. The massive costs of holding all those claims.  The watsed money pit that is Idaho; a mine that will never be? But how's that PR/IR campaign going?  Thats what FCC is building.
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