Electra Battery Materials Corp.

Electra Battery Materials provided an update on the expansion and recommissioning of its hydrometallurgical refinery in Canada, announcing a 30% increase in the design capacity of its cobalt refinery. First production is scheduled for Q4 2022, as part of a phased approach to create the only battery materials park in North America, providing automakers with direct access to battery-grade nickel and cobalt, recycled battery [...]

First Cobalt Corp. today announced that it is expanding its strategic plan to provide battery grade nickel and cobalt, recycled battery materials and precursor material to the North American supply chain. The new business model would result in the creation of the only battery materials park on the continent, providing North American automakers with direct access to a secure domestic source of low carbon raw materials. To [...]

First Cobalt Corp. today announced that it is expanding its strategic plan to provide battery grade nickel and cobalt, recycled battery materials and precursor material to the North American supply chain. The new business model would result in the creation of the only battery materials park on the continent, providing North American automakers with direct access to a secure domestic source of low carbon raw materials. To [...]

First Cobalt Corp. is pleased to announce that it has completed the sale of additional Secured Convertible Notes, for an aggregate amount of US$7.5 million, as part of the Company's recently completed offering of 6.95% senior secured convertible notes due December 1, 2026. Pursuant to subscription agreements entered into between the Company and investors on August 23, 2021, each investor had the right to subscribe for [...]

First Cobalt Corp. is pleased to announce that it has received notice of the full exercise of a US$7.5 million option by investors in the Company's recently completed offering of 6.95% senior secured convertible notes due December 1, 2026 . Pursuant to subscription agreements entered into between the Company and each investor on August 23, 2021 with respect to the Notes, each investor had the right to subscribe for [...]

First Cobalt Corp. is pleased to announce that it has received the second of three required permit amendments to recommission its hydrometallurgical refinery in Canada. Receipt of the Air & Noise Environmental Compliance Approval from the Ontario Ministry of the Environment, Conservation and Parks is yet another key milestone in the advancement of the Company's North American battery materials strategy. HIGHLIGHTS The Air [...]

First Cobalt Corp. is pleased to announce that it has awarded a contract to industry expert Metso Outotec for the design and manufacturing of solvent extraction cells as well as technical support for the layout of a new solvent extraction plant and its process control. Metso Outotec is recognized as a world leader in sustainable solutions for mineral processing and metal refining. HIGHLIGHTS The solvent extraction [...]

As a symbol of respect and acknowledgement toward Canada's First Anniversary of the National Day for Truth and Reconciliation, First Cobalt Corp. has lowered the symbolic Every Child Matters flag. The flag, flown in front of the Company's hydrometallurgical battery materials refinery in the community of Temiskaming Shores, Ontario will remain lowered for the next 30 days. The day honors the lost children and survivors of [...]

First Cobalt Corp. is pleased to announce that it commenced drilling at Iron Creek, a wholly-owned cobalt-copper project in Idaho, USA. The Company's objective is to double the size of the current resource over the next two years, in light of stronger commodity prices and an acceleration of EV adoption rates in North America. HIGHLIGHTS North American EV sales reached 325,000 units in the first half of 2021, up 128 [...]

First Cobalt Corp. today announced that Kuya Silver Corporation has given notice of intention to exercise an option to earn a 70% interest in all of First Cobalt's remaining mineral rights in the Canadian Cobalt Camp. Highlights Kuya previously acquired a 100% interest in a property package surrounding the Kerr Lake area for $4 million. Kuya also received a six-month option to elect to exercise to earn up to a 70 [...]