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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 dothemathpeopleon Mar 23, 2022 8:39am
265 Views
Post# 34537008

RE:30 cent ceiling

RE:30 cent ceilingThey are way behind schedule on construction of everything, and certainly will not be producing anything in fiscal 2022.  Operational by Q4 2022?? I doubt that.  Those were concrete forms they were just laying out, into permafrost? Cause the ground is not yet thawed in Cobalt.  I think alot of people following this company, especially in here, do not thoroughly understand what is required to build a facility like ELBM has proposed building.  Location is still confusing to me as well...they are basically building this entire thing from scratch; that existing building looks compromised for the purposes intended; it never worked for ANY of the previous owner/operators either.  As for the timing of all of this, I am concerned that ELBM will miss the mark on cobalt sulfate...maybe the recycling batteries component will save them...with the aid of the provincial and federal govt., feeding their narrative.
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