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.

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Electra Battery Materials Corp > Ontario to pay 1/3 of incentives for both Stellantis, VW bat

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Post by darcomon Jul 06, 2023 10:38pm

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Post# 35530247

Ontario to pay 1/3 of incentives for both Stellantis, VW bat

Hi All,
I am also invested (sadly) in this huge disappointment of ELBM.

it's time to start producing something with real value, be it batteries or recycled minerals...I still remember the plan of using Idaho and Canadian mines to sell Cobalt for North American batteries, now cobalt is out of the picture and it slowly, disappointment after disappointment, turned into recycled black mass.

In case it may interest anyone here :

https://globalnews.ca/news/9814834/ontario-pay-stellantis-vw-battery-plants/

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They started in video game investing, now they serve high net worth traders