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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 WernerDon Sep 20, 2021 12:17pm
205 Views
Post# 33886758

RE:RE:RE:FCC Working Capital

RE:RE:RE:FCC Working CapitalI would like to add that in a serious discussion it is customary to name the source (s). Since 2020 I have been listening to statements that are partly devoid of substance. A highlight was surely September 2020, when Elon the mask said "that Tesla is already very far ahead in the development of batteries that do without cobalt. And that will certainly be the end of 2021 or the beginning of 2022". The whole thing was tough for us. And where are we today? There is more demand for cobalt and it will still play a significant role in this battery box. Elon the mask should keep the ball flat and curb its announcements or stop immediately and not drive everyone crazy. But this also applies to YOU and to all other participants in the discussion. So open up the source (s) for such statements or just shut up.
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