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

<< Previous

Bullboard Posts

Next >>

Post by 17Diggeron Jan 05, 2021 8:11pm

318 Views

Post# 32229849

January 5 Cobalt price is up on LME

Tonight the price of cobalt closed up another US $1000 per metric tonne to $34,000 on the LME in London.

It looks like the metal price moves of the past few days are starting an uptrend in cobalt metal prices.

This new trend should add more support and demand for stocks of cobalt companies like FCC and JRV. Disclaimer: I own them both.

xxxxxxxxx

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario