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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 greenstar1on Oct 03, 2023 1:11pm
194 Views
Post# 35667234

RE:Just read the rescent NR

RE:Just read the rescent NRI agree Rock. I think the proof of refining ability (flow sheet, recovery rates, process details...) is not being factored into the current share price. This technical ability has high value in and of itself, apart from the rest of the company aspects. Recycling is on its way forward with feedstocks and buyers not being an issue and the company has enough money to take recyling to continuous full production. As for the Cobalt/Nickel refining, patience is required while funding is worked on.

Sime posters have been so constantly negative I wonder if they didn't create a self fulfilling prophecy for themselves, unless their intent was to drive the share down or shoot themselves in the foot.

iI hold long regardless of what happens with this stock and believe it will eventually rocket.

Cheers
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