Electra Battery Materials Corp. today announced the first customer shipment of nickel-cobalt produced at its refinery complex north of Toronto from recycled battery material. Using Electra's proprietary hydrometallurgical process, the nickel-cobalt mixed hydroxide precipitate product was produced in the Company's black mass recycling trial currently underway at its permitted, low-carbon hydrometallurgical refinery. "The [...]
VANCOUVER, BC, July 12, 2023 /CNW/ - Trading resumes in: Company: Electra Battery Materials Corp. TSX-Venture Symbol: ELBM All Issues: Yes Resumption : 10:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment [...]
Electra Battery Materials Corp. is pleased to announce that the Company has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner, on behalf of a syndicate of agents , in connection with a "best-efforts" private placement for the sale of up to 9,090,909 units of the Company at a price of $1.10 per Unit for gross proceeds of up to $10 million. All amounts are in Canadian currency [...]
VANCOUVER, BC, July 12, 2023 /CNW/ - The following issues have been halted by CIRO Company: Electra Battery Materials Corp. TSX-Venture Symbol: ELBM All Issues: Yes Reason: Pending News Halt Time : 9:18 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Electra Battery Materials Corp. announces that it has received a commitment for a strategic investment from the Three Fires Group Inc. in support of advancing the Company's battery materials park north of Toronto and accelerating its battery recycling strategy in North America. The Three Fires investment is expected to form part of a larger financing by Electra totaling up to $20 million. All amounts are in Canadian [...]
Electra Battery Materials Corp. today announced that Craig Cunningham has resigned from his position as Chief Financial Officer. Mr. Cunningham will provide a smooth transition through his resignation date, June 30, 2023. Peter Park, a senior finance professional with more than 20 years of experience and a current member of Electra's finance team, will assume the responsibilities of Chief Financial Officer effective July [...]
Electra Battery Materials Corp. today announced that Garett Macdonald has resigned as a member of the Company's Board of Directors to devote more time to his growing responsibilities as CEO of Maritime Resources Corporation. "On behalf of the Board of Directors, I would like to thank Garett for his many contributions to Electra over the past five years and extend him best wishes for continued success," said John Pollesel [...]
Electra Battery Materials Corp. today released updated economics and capital spend estimates for its refinery complex currently under construction north of Toronto. Pending completion, Electra's refinery complex will be the first in North America to integrate the production of critical minerals, including cobalt sulfate and nickel sulfate, needed for the electric vehicle battery supply chain and the processing of black [...]
Electra Battery Materials Corp. today reported its financial results for the first quarter ended March 31, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "Our performance in the first quarter was marked by a number of significant milestones relating to our lithium-ion battery material recycling [...]
Electra Battery Materials Corp. will release its first quarter 2023 financial results after market close on May 10, 2023. Senior management will host a conference call and webcast on May 11, 2023 at 8:00 am ET to review Electra's first quarter performance and discuss near-term outlook. Dial-in and Webcast Details: - North American dial-in number: 1-800-319-4610 - International dial-in number: 1-416-915-3239 - Webcast and [...]
Electra Battery Materials Corp. today announced the signing of a memorandum of understanding with the Three Fires Group to form a joint venture focused on the recycling of lithium-ion battery waste in Ontario underpinned by Electra's propriety black mass processing capabilities that recover high value elements, including lithium, nickel, cobalt, and graphite. "We are excited by the opportunity to work with the Three Fires [...]
Electra Battery Materials Corp. today reported its financial results for the quarter and year ended December 31, 2022, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "2022 was a remarkable year for Electra, filled with achievements and developments that augur extremely well for our Company and our [...]