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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 CruxInvestoron Dec 04, 2020 12:08pm
427 Views
Post# 32037443

Crux Investor Interview

Crux Investor Interview Hi all, here is the link to $FCC interview https://youtu.be/XYzHYNUnp20

Cobalt company First Cobalt has been treading water in terms of the market, but far from treading water with regard to M&A. The market conditions have meant that the company has had to be agile and adaptive. Gone are the days of proving up 'pounds in the ground'. Four companies have been merged, and a couple of pivots have happened, during what has been a difficult time, has kept the show on the road. The main focus now is on the refinery in Ontario. The Idaho project, Iron Creek, has been parked up. Cash it tight and the company needs to be clear about the focus and plan for delivering it with limited cash. We ask if there have been discussions with other cobalt operators in Idaho. Cobalt price is still to recover, but Mell seems confident in their approach. He is looking to processing cobalt out of the DRC. We discuss the ethical landscape and emulating the playbook of the Chinese and Europeans. We also discuss their changing relationships with Glencore.
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