Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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

Electra Battery Materials Corp > Fed Gov’t Support

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Comment by Marshallon Dec 01, 2020 7:19pm

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Post# 32015053

RE:Fed Gov’t Support

Although this is a great effort by the Canadian Government, I believe it would be of benefit to bring back the incentive program they had years ago.
Government rebate + more mileage + faster charging time will result in a massive amount of EV sales. Let's hope rising fuel costs and gas powered vehicle manufacturing availability deadlines aren't the reasons buyers make the switch.

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