OTCPK:KRCLF - Post by User
Post by
horace5on Mar 25, 2022 2:16pm
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Post# 34546363
Canadian “early mover” Electra plans Battery Materials Park
Canadian “early mover” Electra plans Battery Materials Park March 22, 2022
“The company plans to build a Battery Materials Park hosting cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and a battery precursor materials partnership, which will support North American and European electric vehicle production.
Electra's business strategy is to produce sufficient battery materials for up to 1.5 million electric vehicles annually.”
"’Canada is becoming a key player in the midstream of the North American electric vehicle supply chain,’ stated CEO Trent Mell. ‘Recent investment decisions by some of the largest players in the EV industry continue to validate our early-mover strategy.’”
https://www.kitco.com/news/2022-03-22/Electra-commences-foundation-work-at-North-America-s-only-battery-grade-cobalt-refinery.html