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.

TSXV:ELBM - Post by User

Electra Battery Materials Corp > Financing

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Comment by Goldfatheron Jun 30, 2021 12:35pm

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Post# 33473602

RE:RE:RE:Financing

All good points Silver. They just keep dragging their feet. Yes, securing 60 mil isn't easy for a penny start up w/ no income. I get that. But they have a good
business plan , and a mostly permitted plant and existing building..... along with
funds in their treasury.
As I mentioned , I think there's a lot they're not disclosing here . There's something else going on here causing delays . Been years now, they're rounding third base , (on the refinery) but something told them to hold midway to home plate ....... hmm

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