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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 ElJon Jan 11, 2023 8:43pm
198 Views
Post# 35217287

RE:RE:RE:New Year Momentum Shift

RE:RE:RE:New Year Momentum ShiftA simplified clarification, hopefully helpful to some Bboard colleagues: 

Commissioning is a vital step near the end of a plant's construction
. Its purpose is to hand over to the owner, a safe, efficient and operation-ready facility, that performs according to its design intent and meets the owner's project requirements.

The “erection” or building stage includes the physical building structure, equipment installation piping, electrical, instrumentation, etc..
Commissioning – entails running and testing all areas of each system, and then the entire overall plant, to ensure the system performs as anticipated and to correct any remaining problems prior to hand-over to the operations team for continued Production and maintenance. Operator training is properly part of commissioning.
Various systems need to be tested during commissioning, every instrument and control valve calibrated and tested;  checking the proper action of all controllers;  interlocks need to be checked;  alignments of all pumps verified;  tracing every pipe in the unit to make sure that it conforms to the Piping & Instrumentation Diagram(P&ID) and has the necessary high point bleeds and low point drains;  using air or water to flush out piping to remove debris;  inspection of all vessels;  confirming the circuitry on all electrical switches on a unit and ensuring that they’re properly marked;  testing the programming all PLC’s (programmable logic controllers) and embedded softwares;  installation of all safety appliances;  the list goes on….

Once all sub-system checks are complete full system is checked progressively from no load to full load. The Plant when it is run for pre-agreed duration on full load stands commissioned.

After commissioning plant starts operating in its commercial Production operation.
Note: There are accounting Capitalization considerations for plant commissioning activities and for “Income” from product produced during commissioning. 

Peace,
Good Decision-making to All,
ElJ

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