Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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.

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Electra Battery Materials Corp > refinery update

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Comment by NorthInvest53on May 19, 2021 5:03pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:refinery update

Agreeed. A long way to go in Idaho and a lot of money needed down the line. From my understanding, cash from the refinery will not produce the cash required to move ahead with Idaho. It could certainly take a dent out of potential financing needs, maybe. Large companies circle like vulchers and wait for opportunities.

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