Electra Battery Materials Corp.

Electra Battery Materials announces that effective at the close of business on December 31, 2024, the Company will effect a reverse share split of its outstanding common share capital on the basis of four pre-Reverse Split shares for every one post-Reverse Split share. At the opening of markets on Jan 2, 2025, the common shares of the Company will commence trading on a post-Reverse Split basis under the existing ticker [...]

Electra Battery Materials is pleased to welcome Marty Rendall, CFA, as its new Chief Financial Officer upon the retirement of David Allen, effective January 1, 2025. Mr. Allen played a key role in securing a US$20 million award from the U.S. Department of Defense, announced in August 2024, and laid the foundation for the resumption of construction at Electra's flagship cobalt sulfate refinery in Ontario, Canada. David [...]

Electra Battery Materials is pleased to announce the results of its special meeting of shareholders held today in Toronto. A total of 13,792,275 common shares in the capital of the Company, or 24% of Electra's issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of all items of business put forth at the meeting, being an amendment to the articles of the [...]

Electra Battery Materials has closed its previously announced financing transaction with the holders of the existing secured notes issued by the Company on February 13, 2023 for gross proceeds to the Company of US$5 million, the Financing being on terms previously announced by the Company on October 25, 2024. These funds enable the Company to initiate certain early works and winter preparations at the Ontario Refinery [...]

Electra Battery Materials Corp. is pleased to announce that it has secured a 10-year exploration permit for its Idaho copper and cobalt properties, including its Iron Creek project, in the Idaho Cobalt Belt, U.S.A. Covering 91 designated drill pad locations and hundreds of potential drill targets, this long-term permit enhances project certainty, offers greater planning flexibility, and significantly reduces [...]

Electra Battery Materials Corp. today announces the filing of their third quarter 2024 financial reports. Achievements in the Quarter Refinery Project U.S. Department of Defence Award: On August 19, 2024, the Company received a US$20 million award under Title III of the Defense Production Act to support the construction of North America's first cobalt sulfate refinery for battery-grade materials. New Construction [...]

Electra Battery Materials Corp. is pleased to announce that it has received a non-binding term sheet from the holders of the existing secured notes issued by the Company on February 13, 2023 for a financing transaction which would result in gross proceeds to the Company of US$5 million. These funds will enable the Company to initiate certain early works and winter preparations at the Ontario Refinery project site in [...]

Electra Battery Materials Corp. is pleased to announce CEO Trent Mell will be participating in the 2024 OECD Conference of Mining Regions and Cities taking place October 8 to 11, 2024, in Greater Sudbury, Canada. The OECD is a forum and knowledge hub for data, analysis and best practices in public policy. This conference brings together stakeholders from across the public and private sectors, academia, civil society [...]

Electra Battery Materials Corp. is pleased to announce the appointment of Michael Green as its Construction Director. With over 30 years of extensive experience in construction management, Mr. Green will be focused on the timely and successful completion of the final phase of construction for North America's first cobalt sulfate refinery, Electra's Ontario refinery in Temiskaming Shores. Mr. Green joins Electra with a [...]

Electra Battery Materials Corp. is pleased to announce its commercial team, led by Vice President Michael Insulan, will be actively participating in the London Metal Exchange Week held from September 30th to October 4th, 2024. LME Week unites professionals from across the entire metals supply chain to explore current market trends, anticipate the year ahead, and connect with industry peers. Electra's representatives will [...]