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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 WernerDon Jul 22, 2021 9:19am
300 Views
Post# 33586942

Jervois news

Jervois newsThis information I found on some european Jervois forum. I have no source but seems official. Following is just a part of the document.


22 July
2021 ASX / TSX-V: JRV
OTC: JRVMFJervoissettles US$100M Bond Offering;purchases ICO Accommodation Camp

Highlights
-Jervoissubsidiary has settled its US$100 million bond offering (the “Bond Offering”) with net proceeds placed into Jervois Mining USA Limited’s escrow account in exchange for thebonds being issued in accordance with their terms-Proceeds from the BondOfferingwill be used by Jervois to fund construction of its 100%-owned Idaho Cobalt Operation (“ICO”) in the United States(U.S.) and enter production-The BondOfferingis repayable in mid-2026 and preserves commercial flexibility through ICO construction by not obliging Jervois to irrevocably commit cobalt supply early-Jervois purchases a100-person accommodation camp for ICOfrom alocalvendor in Boise, Idaho, U.S.-The camp will be located at site to significantly reduce road traffic from previously planned levelsand improve logistics, safety and productivity -Initial commissioning of the camp is anticipated in Q42021 to support ICO construction ahead of expectedmine commissioning in mid-2022
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