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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 25, 2020 4:08am
934 Views
Post# 31967715

Market capitalization drop

Market capitalization dropJust wanted to point out that market capitalization in first Cobalt corporation dropped about $11 million today. This is very significant. As for me, I got out- it's just not worth it. Every investor should look at market cap as indicator of the health of any company. Best wishes all. But tying up your money for years on end with no reward where it could have been invested elsewhere just does not make sense. Better to invest in glencore then here. Good luck people and hope you make million :-)
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