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.

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Electra Battery Materials Corp > important point

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Comment by BarnFindon Jan 26, 2021 10:48pm

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RE:RE:RE:RE:important point

Bank financing is the final piece to get refinery build going. There is enough in place - feedstock from major players, significant government support - should also lead to easy expansion permit approval, hot growth in OEM investments with near term product rollouts, Biden as USPresident talking about shifting ALL government vehicle purchase to EV --- investment risk and timeline as set forth by Trent matches Cobalt market need, things could not be much better! I may be totally wrong, but this good to me.

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