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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

Comment by Marshallon Mar 19, 2021 2:35pm
390 Views
Post# 32839357

RE:Good Recent Industry Read

RE:Good Recent Industry ReadSimon Moores, London, U.K.-based managing director of Benchmark Mineral Intelligence, states:  A quarter of the cost of an EV is the lithium-ion battery, while four-fifths of the cost of the battery itself is the minerals, metals, and chemicals that go into it. While the world's governments and automakers focus on building EVs and battery plants, a true leader is yet to emerge in building the supply chains to feed them," Moores said .” "However, with surging demand for battery metals to serve the expanding EV supply chain, the market opportunity for Canada is growing."
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