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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 Marshallon Oct 28, 2021 11:45am
470 Views
Post# 34059121

Same old, same old

Same old, same oldNothing new being posted here.  Just the same tactics over and over again by the numerous penny flippers looking for pizza money.  
Cobalt is not going away anytime soon despite all of the noise on this subject.  LFP batteries are only used in short distance or low end vehicles.  Case closed. The industry is looking to improve the distance on electric vehicles in order to appeal to the north american market.  LFP batteries may be a good short term solution for the European market due to the short distances they drive, but is not  viable for the average north american looking to make the switch.    
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