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 > refinery update

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Comment by NorthInvest53on Feb 21, 2022 12:58pm

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Post# 34448037

RE:RE:RE:refinery update

Hello,
I have had a hunch (and expressed it a few times over the past while) that they are looking for a buyer. They are basically looking to "flip" the refurbashed refinery. Buy a fixer upper, modernize it, then flip. Lets hope the stock goes up, and we can make some moeny, but, do not be surpriseed if it is bought out.....

Take care everyone.

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