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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 Goatburneron Nov 17, 2020 2:09am
892 Views
Post# 31912469

Why Cobalt Ontario is a perfect place to refine Cobalt

Why Cobalt Ontario is a perfect place to refine CobaltFor those of you who don't live in our area, that is the Cobalt area of Ontario, you might find it interesting to understand a little history about the environmental legacy and why it makes perfect sense to refine Cobalt here. Firstly, there would be very few willing hosts for any new refineries near other populations. Cobalt Ontario has a 50-year history of mining silver embedded in high arsenic embedded Rock. Virtually all lakes in close proximity to Cobalt Ontario are contaminated with arsenic. The damage has been done. Oh you can catch a fish here in The lakes I'm speaking of but you can't eat them and nor can your cat. The damage has been done here. But saying that, it does make it the perfect place to operate the refinery. Odd isn't it? But in this case,, a history of negative environmental legacy can work in our favor where it won't work anywhere else in today's environmental climate. Best wishes all and let's refine some Cobalt.
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