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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 > Fortune Minerals
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Comment by dothemathpeopleon Dec 07, 2023 8:20am
202 Views
Post# 35772601

RE:Fortune Minerals

RE:Fortune MineralsELBM may never become that, and they certainly aren't that right now, despite their company description.  They are a money pit, in need of serious cash to complete their facility/bus plan/mandate/promises/commitments/word.

That facility very well could be sold to the highest bidder for THEM to complete.  And the saga continues...
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