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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...
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.
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TSXV:ELBM - Post Discussion
Electra Battery Materials Corp
> ELBM
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•••
plumena3
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Post by
plumena3
on Feb 15, 2023 10:53pm
ELBM
The counter on their website has been deleted. So,it will take much longer now to see real results.imo
I am watching and will see how much farther it might sink.
Maybe back to the $2 range.
dyodd
(20)
•••
MTwallet
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Comment by
MTwallet
on Feb 15, 2023 11:31pm
Why would you say 2$? The refinery is still a go. Black mass was a success. Sure they don't have chips, but every company and their dogs don't have chips either (read the book chipwars to see why). Machinery wasn't drastically damaged, they still installed it. Set backs for sure, but to see a microcap drop 33% after significant milestones and imminent revenue is far fetched. Uneducated
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