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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 Sep 16, 2022 6:00am
196 Views
Post# 34966209

RE:RE:RE:Costly delays

RE:RE:RE:Costly delaysStarkicker, it is astounding the position Canada is in with respect to resources.  We are an absolute natural resource powerhouse leader in the world when you add up the different sectors.  Yet we have become a nation of lazy woke fools that believe Justin and his government will lead us in a world class positive direction.  Regulate, control, posture and pander.  In fact that's how North America shapes up.  Until we have a change of government on both sides of the border we will continue to swirl in the toilet while a select few get very wealthy.
My fear is the delays will prove not only to be costly they may be fatal because with no cash flow for about a year at least, the subsidy money will dry up because the taxpayer has no money left to fuel this BS green new deal.  
Imagine mandating an end to ICE vehicles while telling people not to charge their EV for fear of brown outs.  That is the absolute stupidity of this green wave.  If we want our stocks to make us money we really have to be out front.  Every delay moves us further back in the pack.
What could have been and should have been has been derailed by talkers who don't know how to get things done.
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