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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 CBSindustrieson Apr 05, 2022 6:38pm
170 Views
Post# 34578516

RE:Is This The Reason For Today ???

RE:Is This The Reason For Today ???
Quite possibly yes. More so than the planned NASDAQ listing. (the timing of which is definitely not a coincidence)
Federal budget out Thursday - Just follow the (public) money...


https://www.ctvnews.ca/business/canada-to-invest-2b-on-mineral-strategy-for-ev-battery-supply-chain-1.5847858

"Prime Minister Justin Trudeau's government,... will make the investment to ramp up the extraction of processing of critical minerals including nickel, lithium, cobalt and magnesium"

"There are some particular projects that we are looking at and working on at the present time," Natural Resources Minister Jonathan Wilkinson said in a recent telephone interview with Reuters.

All the potential projects, "whether they're extraction or processing, need to be accelerated significantly, and that's what the critical mineral strategy will be about," he added.




https://www.ctvnews.ca/business/canada-to-invest-2b-on-mineral-strategy-for-ev-battery-supply-chain-1.5847858
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