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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 dothemathpeopleon Jul 20, 2022 11:02am
213 Views
Post# 34837023

RE:RE:RE:SP prediction once revenue

RE:RE:RE:SP prediction once revenue The real question with elbm(from the many posters here) is, can elbm complete the task AND make money afterwards.  Shipping their ore from the DRC, on offtake w. Glencore; but they are going to advance the Idaho project at what cost and time???  There is another public company, existing but a stones throw away from the existing Yukon/elbm facility site, that has already produced cobalt sulfate from local cons, has proven reserves in the Cobalt camp, is working on more, and sourcing in Canada, with a much more experienced team working on proving resources and  perfecting the metalurgy process.  There are also about 5-7 different companies working towards battery tech/recycling/manufacturing in Canada and N. America, with much bigger plans (*and treasuries).  They are a matter of "when" not "if".  For elbm, it's more about the "if".
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