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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

Post by SKLASSENon Apr 20, 2004 12:54pm
130 Views
Post# 7377845

LME inventories and Price

LME inventories and PriceLME inventories can be boosted rather quickly if a producer has been storing copper. However at these prices I am doubting that any producers were holding back any production. The copper price has rebounded back to over $1.35 again and is showing consistant strength. Who knows, maybe there is a big conspiracy to make the copper price artificially high so we buy copper stocks are buying and those in the know are selling. I don't believe that and that is why I am still holding AUR, most rock solid stock investment I own. CHEERS SKLASSEN
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