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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 Silverad0on Apr 29, 2022 1:02pm
181 Views
Post# 34642822

RE:Unite the power of private industry with a national strategy

RE:Unite the power of private industry with a national strategyOne part of this auto revolution that is not being addressed is the availability of electrical power in the grid to power up all of the charging stations being installed all over North America.  We will need more electrical generation very soon or all of these electric cars will be sitting roadside like a new generation of F-O-R-D's.  Solar and wind isnt even going to put a dent in the demand.  It takes several years to design, build and commision a nuclear plant.  We are behind already.  The idiots in government that are pushing this EV revolution have no idea what it takes to do anything in the real world!
I could be wrong but I sense a hesitency which is reflected in the SP of our ELBM and others.  I hope ELBM gets into production before the wheels fall off the EV bus.  This EV thing is going to go bust before it really takes off.  There is plenty of precedence for this kind of thing.  
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