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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 May 17, 2021 8:18am
272 Views
Post# 33212795

RE:RE:refinery update

RE:RE:refinery update

The cobalt sulfate crystallizer will be built in the United States and shipped to site in less than 44 weeks. This equipment is the last step in First Cobalt's hydrometallurgical refining process and takes cobalt concentrated in an aqueous solution into a powder called cobalt sulfate.

A crystallizer consists of various mechanical components including heat exchangers, pumps, piping, dryers and evaporators. They are assembled in a manner to allow for optimum processing and maintenance conditions. This unit will span several operating floors within the processing plant and will be the tallest structure on site (Figure 1).

The Company and Ausenco Engineering Canada are now working on detailed engineering and procurement of the last two long lead equipment orders: solvent extraction tanks and filters.

The Ontario Ministry of the Environment, Conservations and Parks issued a new Permit to Take Water from Lake Timiskaming on May 10 covering potable water supply and industrial use. Two other permit applications for air and noise and industrial sewage are expected in the coming months.

Figure 1. Isometric sketch of First Cobalts cobalt crystallizer (CNW Group/First Cobalt Corp.)

Over the next few weeks, crews will mobilize to site to restore power to the refinery, turn on water pumps, complete geotechnical drilling for new buildings and refurbish existing offices.

Two additional employees have been hired to join the First Cobalt owner's team working alongside EPCM contractor Ausenco Engineering Canada. Hayden Fiset joined as Site Services Superintendent and Cristy Knott as Environmental Superintendent. Both live in the local community and are expected to transition to the operations leadership team once the refinery has been commissioned. Additional team members will be recruited during the coming months.

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