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 > financing soon ??

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Post by plimbo23on May 03, 2024 1:22am

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Post# 36021029

financing soon ??

``We look forward to the completion of the financing of the remaining capex required for the cobalt sulphate plant as well as pending strategic investment from the First Nation-owned Three Fires Group to help accelerate its black mass recycling strategy.``

Rating: BUY Target: C$5.50/sh (773% lift) Last Close: C$0.63/sh Market Cap: C$35.7M

https://redcloudresearch.com/electra-battery-materials-corp-tsxvelbm-safeguarding-cobalt-feed-supply-through-loi-with-erg/

if the financing is ratified the share price will much improve imo

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