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.

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Electra Battery Materials Corp

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Post by WernerDon Sep 01, 2021 2:56am

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Post# 33792980

cobalt has increased 6% compared to the same month last year

https://www.mining.com/value-of-battery-metals-in-new-electric-cars-already-beyond-2020-total/

That means more EV battery metal business was done in H1 2021 than all of 2020, itself a record year.

For my thoughts this means 2021' EV battery metal business is up 100% compared to record year 2020..

And cobalt consumption per single EV battery is increasing (+6%) instead of decreasing.

Sounds good !

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