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 > Q4 results

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Comment by 1930modelAon Apr 10, 2024 10:45am

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Post# 35981129

RE:RE:RE:RE:RE:RE:Q4 results

Income Statement and Balance are critical to know how the company is doing. No it has no net income, but 2023 was the first time it had revenue - the recycling. This company has to have revenue to have value. Yes, cash burn is critical, but what are they accomplishing with the cash burn is what we need to know. If they are accomplishing little, no while invest or lend them the $60 M they need to get the cobalt plant for operational. Just my thoughts.

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