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 > Finance News Coming?

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Post by Marshallon Sep 02, 2021 8:43am

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Post# 33799854

Finance News Coming?

The financing package that is subject to customary closing conditions was expected to close on September 1, 2021.

Happy to see that the Glencore loan was converted to common shares of First Cobalt on April 7, 2021.

On August 23, 2021, FCC provided notice to Cantor Fitzgerald of the Company's intention to terminate the ATM Program effective as of September 2, 2021.

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