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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 > Great Step FCC - Financing news.
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Comment by Skantor18on Aug 24, 2021 7:41am
203 Views
Post# 33753655

RE:RE:RE:RE:RE:Great Step FCC - Financing news.

RE:RE:RE:RE:RE:Great Step FCC - Financing news.

Can someone explain this statement in the news release 
 

Thank you and god bless !!

Upon completion of this financing, the Company will advance discussions on a non-dilutive working capital facility to cover (i) a minimum liquidity requirement of US$5M, and (ii) cobalt hydroxide feed purchases through to the time of sale of cobalt sulfate to market.

 

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