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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 Feb 11, 2021 1:22am
341 Views
Post# 32534573

Climbing Cobalt prices - good or bad?

Climbing Cobalt prices - good or bad?Many often tout the fact that Cobalt prices are rising sharply. And it's true, it is. Rising Cobalt prices are excellent for a company like our own and many others involved in the mining sector. It's my sincere hope that's some - and I hope a favorable percentage of that price climb finds its way back to the host communities of the DNC that actually mine the Cobalt. I am fully aware that first Cobalt corporation will only purchase ethically mined cobalt. I commend our leadership here at FCC for it's corporate stance on sourcing Cobalt from the DNC ethically with glencore. Keep up the good work folks. Best wishes to all.
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