Bullboard - Stock Discussion Forum 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... see more

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TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > RE: refinery update

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Post by bae on Feb 16, 2022 9:32am

RE: refinery update

Note worthy:

Trent Mell, CEO. "We are assessing opportunities to build an additional cobalt refinery at a second location to address projected supply shortages for the electric vehicle market. The evolution towards lower cobalt content in the dominant EV batteries will be more than offset by larger battery packs and growing adoption rates. We forecast that cobalt demand will grow by more than 11,500 tonnes per annum, for a 30% growth from 2021 to 2025."

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