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 > FCC Working Capital

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Comment by WernerDon Sep 21, 2021 9:36am

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Post# 33891605

RE:RE:RE:RE:RE:FCC Working Capital

Yes, if FCC never produces a kilogram of cobalt sulfate, you are right. Then they have to "somehow" finance the running costs. The commercial job of a company, such as a refinery, is to manufacture a product. So far is everything understandable? Therefore, one tries to generate the operating resources through a positive cash flow. It would be nice if there was some money left. Something like that is called "profit". Is everything okay so far? If so, gratulation !

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