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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 Goatburneron Jun 18, 2021 3:29am
540 Views
Post# 33409783

First Cobalt corporation creating economic stimulus

First Cobalt corporation creating economic stimulusAs one who is born and bred in northeastern Ontario close to Cobalt Ontario, it's amazing to me to witness the economic stimulus that first Cobalt corporation has made into our local economies up here. The recommissioning of the refinery notwithstanding, other companies like Cruz Cobalt and several others are investing and drilling up here due to the proximity of the refinery in Cobalt Ontario. I now live about 45 kilometers North of the refinery and we have the only local airport here - helicopters are flying 7 days a week with magnometers underneath them doing geophysical research in the hope of finding enough Cobalt and other precious metals that will enhance our refinery here in the Cobalt area. Most of you will never get to see this -but as I look out my back door here in earlton Ontario - which is the only airport close to the refinery, I can tell you that there's never been such activity as there is now in the Cobalt camp. It's great to live up here at the moment - best wishes all and stay safe. .
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