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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 MTwalleton Feb 15, 2023 11:31pm
127 Views
Post# 35288986

RE:ELBM

RE:ELBMWhy would you say 2$? The refinery is still a go. Black mass was a success. Sure they don't have chips, but every company and their dogs don't have chips either (read the book chipwars to see why). Machinery wasn't drastically damaged, they still installed it. Set backs for sure, but to see a microcap drop 33% after significant milestones and imminent revenue is far fetched. Uneducated comment. Do your own due diligence indeed 
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