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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 09, 2021 11:39am
481 Views
Post# 32752700

From a yearly low of 8 cents...

From a yearly low of 8 cents...And to be trading now at 32 cents,is not too shabby.There are no concrete business plans put forward yet,and all this hype is pure speculation,that may or may not evolve into processing ore,we shall see.We do need more cash,and where is this coming from?I say sell some non core assets,but i personally dont comprehend how they move forward without massive dilution.I see a private placement forthcoming,and the way s/p is heading,that will be at a lower s/p rather then higher.I hoped for 37 cents,but i dont see that happening now.Thoughts????
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