Electra Battery Materials Corp V.ELBM

News

[Jordsword]

This was just put out an hour ago. It mentions the delays in getting the refinery up and running but also mentions that the recycling demonstration plant has been successful and extended to June. The title of the article makes it sound like a new process is being used in the recycling flow sheet but I'm not sure if that is actually the case. Is anyone familiar with the original flow sheet design enough to comment?

https://stocks.apple.com/AX5uhaNDmTxWP3F3R4C6itw

[ElJ]

Interpretation: Enough of the Refinery has been re-commissioned that Electra was able to effectively use its proprietary hydrometallurgical process at its north of Toronto refinery for black mass  processing Electra has decided to extend its black mass processing and recovering activities beyond the Company’s initial target of 75 tonnes through June 2023, because the refinery is not

[Jordsword]

Thanks for that EIJ. I think the title of the article was meant to be an attention grabber when really it is the same process all along. Too bad for the recent set backs with equipment but it looks like they are taking the opportunity to create some value with more recycling in the mean time. I am looking for opportunities to get back in to this but it might be a while yet. 

[MTwallet]

Make some revenue while waiting on chips. I like it. Q1 financials will disclose the amount of materials recovered from black mass.