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 > PCAM space getting a little crowded

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Post by Carson1983on Jul 15, 2022 9:34am

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Post# 34826642

PCAM space getting a little crowded

I don't know what the EV demand will really be in a few years or how much PCAM product we required but it looks like this space is getting a little crowded. With Umicore's announcement the other day that makes 4 PCAM plants in Canada that I am aware of. (BASF, Posco/GM, Umicore and Electra) At one time I believed ELBM had a nice little moat around it but now I am not so sure. Hoping our little startup can succeed with these giants. I am bullish, just a little nervous.

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