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 > Long term holders

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Comment by 555rookie555on Mar 17, 2023 12:36pm

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RE:RE:Long term holders

Agreed. There is still risk with big upside potential as well as downside potential. Management has lots of vision but has constantly changed the operational updates. I already averaged down based on previous guidance which I thought would have been conservative timelines... We will see where this goes. Lots of upside but they have all the money I am willing to risk at this time. Holding. When. / if they announce first shipment I should see the gains expected.

Only risk what you are willing to lose.

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