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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 Jun 06, 2022 2:48pm
178 Views
Post# 34734903

RE:RE:RE:RE:RE:News Bites

RE:RE:RE:RE:RE:News BitesLooks like there are at least two worlds of business out there. There is the Islandtime world of assumed budget and there is the hard estimate fixed price lump sum world of construction with fixed budgets that I have worked in for over 40 years.  When someone tells me wages have gone up 10% and materials have gone up ?% I have to say excuse me not so and what kind of a deal did you make in the first place.  Lets not forget the VERY LONG lead time before tenders were called.  That equates to all kinds of time for a good complete design and tender documents as well as time to order the equipment.  I would say if we went into this without a fixed price then we need to look at who made the deal, who was involved and perhaps they should be shown the door.  Again Islandtime perhaps you dont have the shoes for these serious discusions.  From reading your post I dont think you knw what you are talking about and that is why people get away with layers of BS and the aftermath that follows.
  
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