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 > problems mounting for ELBM / supply

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Post by plumena3 on Apr 10, 2024 10:09am

problems mounting for ELBM / supply

https://www.mining.com/web/congo-suspends-erg-subcontractors-at-major-cobalt-mine/

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Comment by greenstar1 on Apr 10, 2024 2:52pm

Electra had a supply agreement with Glencore. I wonder what happened with that and why they went with ERG? Too bad management doesn't provide such clarity to shareholders for this and other matters.

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Comment by ElJ on Apr 10, 2024 10:18pm

A few years back ELBM were set-up to be a "custom processor" of feed from and for Glencore, but for various reasons (including I suspect Fed and Prov. Government "support") the feed sourcing was changed to a purchase-arrangement, where ELBM would purchase their feed in the marketplace and run the processing operations as "owners", Peace, Good Decision ...more

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