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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 Starkickeron Aug 29, 2023 10:48am
160 Views
Post# 35609767

RE:I smell take over OR Sale OR...

RE:I smell take over OR Sale OR...Seeing how it will take 12 months to finish the refinery once funding is secured, we should know pretty soon if there will be government funding for this either from provincial and federal governments or US DoD so Electra can fulfil it's contract with LG Energy. If they can't close the funding gap soon then yes, another company that can make progress on this disappointing project will have to step in and get it done which will be terrible for shareholders.
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