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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 Blackbriar44on Jul 01, 2021 9:28am
158 Views
Post# 33478763

RE:Trent Mell

RE:Trent MellWhat you wrote is exactly what I believe. Thanks Silverad0. Is Trent really going to refurbish  that plant in Cobalt Ontario? Yes it is serious as the competition is going to pass you and companies who need the cobalt concentrates will just go where it is available. It is only two/three years away that both Ford and GM will introduce FOR SALE TO THE GENERAL PUBLIC their respective EV Pick Up Trucks made here in Detroit. They want local sources of Battery Materials and produce the batteries close to the assembly plant. This is not counting the European Auto companies you said you would supply as well.  Why is it difficult to raise the cash? Banks and large institutions Hesitant? Something is wrong behind the scenes. Silverad0 is right. WHAT IS GOING ON TRENT??? Answer Please.
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