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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 Silverad0on Oct 28, 2021 8:41am
246 Views
Post# 34057837

RE:Building?

RE:Building?Winter construction in Nothern Ontario happened last winter and it will happen this winter and next.  I have been involved in the construction industry for over 45 years and have been involved in winter (ICI sector) construction for every one of those years.  Its more expensive, its harder and its cold out there.  Typically it costs more to stop or delay a project than it does to get at it.  As projects go there wont be a lot of concrete involved in this one.  

What is of concern to me is the fact that getting a steel structure together in my market in Ontario is 12 months out right now for conventional steel and over 12 for a pre-engineered structure.  My guess is the building will be conventional steel.  I hope a placeholder was negotiated months ago or there wont be production in 2022.

Its not the cold that is an issue its a LACK of PLANING that is the issue!
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