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 > FCC Working Capital

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Comment by Silverad0on Sep 21, 2021 6:30am

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Post# 33891069

RE:RE:RE:FCC Working Capital

Capitalists, I beg your pardon. I listened to the interview and yes indeed Trent did say $50 million in operating capital would have to be raised. So we are looking at another 150 million share dilution. At best we might have a billion dollar company with a billion shares outstanding two years out. Painful to say the least!

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