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 > Funding

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Comment by Starkickeron Aug 20, 2024 9:47am

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Post# 36187623

RE:RE:RE:RE:RE:Funding

Seems to be. Trent promised non-dilutive capital so he must know something. Feds have thrown billions toward the downstream sector so what's another $60M for the upstream? I hope they weren't counting on this announcement to get them over the $1 SP on Nasdaq because clearly the entire funding gap needs to be bridged before that will happen. Sept. 16 is approaching quickly.

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