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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

Post by Goldinvestor66on May 05, 2022 9:41pm
329 Views
Post# 34660910

Been in a lot of losers

Been in a lot of losers

Lost money on a few junior miners a few years ago, this totally reminds me of them and the fact that theres no value as of yet here and money to be spent to even reap benefit. The share rollback is a red flag, management departures etc. Iron creek asset makes no sense logistically. 
As I've been in this in the last 6 months, we are being surpassed by others who will have newer facilities online before we do anything. Do your DD, this is a hold not a sell or a buy. Management will line their pockets here before shareholders see a dime that you can guarantee 

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