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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

Post by Goatburneron Sep 23, 2021 3:11am
320 Views
Post# 33903586

Not much good news out there at the moment.

Not much good news out there at the moment.Good morning all. Unlike many of you, I really don't have too much good news to report. There's so many headwinds that I don't think it's prudent to sit here ignorant about macro economic events that could be detrimental to our near term economic futures, As many of you know - or should know, China's evergrand real estate issue is a very big deal every bit as our own North American problem during 2008-2009 when Lehman Brothers collapsed as well as many others. On top of that, we have the possibility of the US not increasing it's debt limit to provide funds for the operation of the day-to-day business of the American economy. Very serious according to Moody's. The prognosis if any of these things occur is dire - if all of these things occur simultaneously catastrophic. Stock market down 25% to 50% minimum according to them - no American governmental checks to senior citizens, armed forces, municipalities, States, et.al. just putting this out there depressing as it is. Each of us has the govern accordingly to meet these challenges. Let's be vigilant and think more short-term than long at the moment. We all have to do what's right for us. Good luck all.
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