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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 Wynjoeon Mar 03, 2021 3:12pm
323 Views
Post# 32707165

Where the dust settles

Where the dust settlesMy belief is that the average selling price for the next couple of weeks will determine what "existing shareholders"believe this company is worth.This average,will then be the determining price of a new issue of shares to complete this operation.I thought it would be 37 cents but it may very well end up to be lower,we shall see.We need more cash,wherever it comes from,simple as that.
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