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

<< Previous

Bullboard Posts

Next >>

Comment by WernerDon Sep 24, 2021 4:30am

247 Views

Post# 33912799

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

I didn't ask what a cash burn rate means in general. But thanks for the clarification. I asked where the affected person sees a high cash burn rate at the FCC now or in the future. If so, I would be very grateful for his presentation. If possible, with reference to the source. Because, as he wrote on September 22nd, he apparently assumed a very high cash burning rate. Or how is his statement "As soon as they (FCC) disclose how much money they burn to set this refinery on fire, the lenders will have less confidence. It's a money pit, period" understand differently?

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario