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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 > Think out of the box
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Post by Marshall on Apr 06, 2022 10:04am

Think out of the box

We can all beat the 18 to 1 consolidation to death or look at possible opportunities.  Here is an idea.  If the whole point is to clean up the environment and get raw materials to market ASAP through a recycling plant, then why not recycle the endless supply of mine tailing in the north.  Did a light just go on?  Think out of the box. 
Comment by ARIMA11 on Apr 06, 2022 10:26am
The release is an off take from a facility that is yet to be built and funded. Meaning more capital will need to be raised. Off course, Federal Government will contribute but there's work to be done. :) The first recycling module (Module 1) is expected to produce more than 2,000 metric tonnes per annum of mixed hydroxide precipitate from approximately 4,500 tonnes of black mass. This is the ...more  
Comment by Marshall on Apr 06, 2022 10:43am
Black mass implies urban mining for batteries.   Now they need an agreement for the supply of batteries (black mass) or did I miss this somewhere 
Comment by CBSindustries on Apr 06, 2022 10:48am
Marshall: I see that you read the mainstream media as well. Good for youl https://www.ctvnews.ca/business/canada-to-invest-2b-on-mineral-strategy-for-ev-battery-supply-chain-1.5847858 MINERALS FROM MINING WASTE Since it can take many years - even a decade or more - to open new mines, Wilkinson said some of the projects being considered involve "tailings from existing mines from which you ...more  
Comment by Marshall on Apr 06, 2022 10:53am
I though it was worth bringing up since it was there in plain english for everyone to see. People are a little too focussed on the minute by minute trading of a stock for their investment decisions.  
Comment by crk on Apr 06, 2022 11:03am
my guess is after the RS management will continue milking this cow till its dry. Just a guess, then it will be sold for pennies on the dollar. But I'm noone so do your own pondering. Lol
Comment by dothemathpeople on Apr 06, 2022 12:30pm
Not really.  The "clean up" of Cobalt and the surounding areas is a big challenge.  ALL of the companies that made the money, from mining the ore, and creating, then abandoning the environmental wasteland , are long gone.  The legacy issues live on.  The MNR would also have to bencome involved.  FCC/ELBM kinda went down that road already, and shortly after ...more  
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