Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 WernerDon Oct 13, 2020 5:06pm
178 Views
Post# 31708980

RE:RE:RE:RE:Good finish on good volume.

RE:RE:RE:RE:Good finish on good volume.Patience. It tooks Tesla from 2014 to 2019 to keep just at approx USD 40,00... FCC is within time shedule.

Extracted from FCC's ddt. 24th September 2020:

This in turn, has delayed the commencement of the continuous pilot plant, which will be underway in the coming weeks in consultation with the Joint Technical Committee. The pilot plant test work is expected to be completed in Q4 2020.

Next Steps

The Company expects to continue to advance and de-risk the Project by pursuing the following activities:

  • Complete all technical optimization programs, with assistance from Glencore’s technical team
  • Complete continuous pilot plant test work on the leaching and solvent extraction circuits and produce battery grade cobalt sulfate product
  • Submit the required permit amendments to operate at the expanded 55 TPD throughput rate
  • Continue to pursue opportunities to further reduce operating costs

Upon completing the activities noted above, a commercial contract and financing package will be finalized prior to a formal construction decision. The financing process, being led by CIBC, has progressed to phase 2. The Company received numerous initial proposals to fund the refinery capital costs and has now selected several of these to move to the next phase of due diligence.

...
We have to await for finalizing the pilot plant test work which will be flanked with closing of financing contracts.

I think we are on the road...
Bullboard Posts