Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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

Electra Battery Materials Corp

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Post by ElJon Jul 07, 2022 6:20pm

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Post# 34809771

Cobalt Price recently under pressure

A quick reference update in our turbulent commodities market:

July 6, 2022 Cobalt Price : $60,460 USD/ton
which represents -7.62% day; -14 19% Week; -17.06% month; and + 19.72% Y-T-Date.

Commitment in developing a set of facilities such as Electra has outlined in strategic plans, clearly must focus on long-term demand/supply trends and opportunities, and it is nice to see the Year-to-date trend holding positive during current martetplace storms,

Peace,
Good Decision-making to All,
ElJ

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From now on, dynaCERT instead of Bitcoin or NVIDIA?