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Bullboard - Stock Discussion Forum 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... see more

TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > What am I missing?
View:
Post by Jordsword on Jul 01, 2021 3:09pm

What am I missing?

https://www.northernontariobusiness.com/regional-news/timmins/first-cobalt-decides-to-go-big-on-refinery-restart-2585909

 

Here is an article from one year ago stating refinery output is expected to be 55 tons per day raw material generating 25,000 tons per year of cobalt sulphate. From what I read on the company website nothing has changed. 

So....what am missing. Silverado please cite your source of information stating refinery output has been halved.

Comment by GordonGekko16 on Jul 01, 2021 6:16pm
Agree.  While we are at it. Can somebody explain the ratio between raw materiale in and sulfate out.  How does 55 tons per Day x 365 days = 20.075 tons   Raw get to 25.000 tons.  Thank you for explaining   
Comment by Goldfather on Jul 01, 2021 7:36pm
Gordy... theres  a pretty good  explanation  ( i think) at the FCC  Yahoo board that Scott provided.
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