Electra Battery Materials Corp. is pleased to announce that drilling at its cobalt-copper mineral project in Idaho has successfully extended mineralization by an additional 180 metres to the east of the current deposit as well as down dip from the eastern edge of the resource zone. HIGHLIGHTS Cobalt is an essential ingredient in long range electric vehicle batteries and the U.S. automotive industry is entirely reliant on [...]
Electra Battery Materials Corp. today announced that the Nasdaq Stock Market LLC has approved the listing of Electra's common shares on the Nasdaq Capital Market . Electra will commence trading on Nasdaq on April 27, 2022, under the ticker symbol "ELBM". Electra's common shares will continue to trade on the TSX Venture Exchange under the symbol "ELBM". "Listing on the Nasdaq is a significant milestone for Electra and a [...]
Electra Battery Materials Corp. today provided an update on its Battery Materials Park project along with leadership changes, including the departure of Chief Financial Officer Ryan Snyder. Mr. Snyder has accepted a new opportunity with a senior precious metals producer and will be leaving Electra at the end of April. "We are fortunate to have had someone of Ryan's calibre at Electra over the past several years, as we [...]
Electra Battery Materials Corp. announces that effective at the close of business on April 12, 2022, the Company will consolidate its outstanding common share capital on the basis of one post-Consolidation share for every eighteen pre-Consolidation shares. At the opening of markets on April 13, 2022, the common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol [...]
Electra Battery Materials Corp. today announced the appointment of Renata Cardoso as Vice-President, Sustainability and Low Carbon. In this capacity, Renata will have overall responsibility for the Company's mission to exceed global ESG norms in the industry, in line with Electra's business objective to be the partner of choice in the EV market. Ms. Cardoso is joining the Company after 15 years with global miner Vale. Ms [...]
Electra Battery Materials Corp. today announced the filing of its audited financial results for the year ended December 31, 2021. For complete details of the consolidated financial statements and the associated management's discussion and analysis, please refer to the Company's filing on SEDAR or the Company's website . The Company continues to advance its plans to develop North America's only Battery Materials Park. In [...]
Electra Battery Materials Corp. today announced an offtake agreement for nickel and cobalt produced from a battery recycling plant that it expects to commission in 2023 at its Battery Materials Park north of Toronto. Under the agreement, Glencore AG will purchase the nickel and cobalt products until the end of 2024 on market-based terms. HIGHLIGHTS Offtake contract covers 2023-2024 production of nickel and cobalt from [...]
Electra Battery Materials Corp. announced that in preparation for a potential listing of its common shares on The Nasdaq Stock Market LLC , the Company will undertake a consolidation of its outstanding common share capital on the basis of one post-Consolidation share for every eighteen pre-Consolidation shares. The Consolidation was previously approved by shareholders of the Company at the annual general and special [...]
Electra Battery Materials Corp. today provided an update on the construction of North America's only battery grade cobalt refinery, announcing that it has commenced foundation work of the solvent extraction plant. The project remains on budget and on schedule for a December 2022 commissioning. HIGHLIGHTS Health, safety and the environment remain a top priority, with zero lost time incidents and no reportable spills or [...]
Electra Battery Materials Corp. is pleased to announce that drill results to the west of its Iron Creek cobalt-copper project has successfully extended mineralization by 130 metres along strike and by 110 metres at depth. HIGHLIGHTS Iron Creek is a high grade cobalt-copper underground deposit located on private land within the Idaho Cobalt Belt, an underexplored and highly prospective cobalt and copper belt extending 60 [...]
Electra Battery Materials Corp. is pleased to announce the final approval of its updated Closure Plan for its Canadian hydrometallurgical facility. This important milestone keeps the project on track for commissioning in December 2022. HIGHLIGHTS Closure Plan for the refinery expansion and recommissioning was approved on March 4, 2022. Electra has been working within the existing refinery footprint to recommission [...]
Electra Battery Materials Corp. is pleased to announce a financial commitment of C$250,000 from the Government of Canada in support of a recently announced battery materials park study. The Battery Materials Park Study was initially announced on February 23rd 2022 as a partnership with the Government of Ontario, Glencore plc and Talon Metals. Project contributions from all parties total C$950,000 and will be completed in [...]
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