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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 Minlogon Nov 23, 2021 10:42pm
437 Views
Post# 34159959

For Your Reading Pleasure

For Your Reading PleasureFor your reading pleasure https://gizmodo.com/cobalt-is-the-new-oil-1848105024.

This is not to say that such news articles are "catalysts" for FCC's share price, which is immune to good news and plays well into the hands of day traders and pumpers/dumpers. I am so tired of it that I am tempted to do the same for at least part of my holdings, at least selling into spikes and then predictably buying back when the repetitive sick "immunity" kicks in to bring the price back down. I have a feeling that at least one poster here has made good coin on the ups followed by the stupid downs.

As for Biden's recent EV policies affecting Canada, FCC was going to supply Europe initially, so no need to supply the South, especially if there is a shortage.
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