Electra Battery Materials Corp. today announced that it has engaged engineering consultants to advance a development study for a potential battery-grade nickel refinery in the southeastern United States. Electra has initiated the study to evaluate the technical requirements, capital intensity and potential development pathways for a domestic nickel refining operation. The proposed nickel refinery is being evaluated with a [...]
Electra Battery Materials Corp. today announced the award of a structural, mechanical and piping construction package valued at approximately C$12.4 million to Ontario-based Kilmarnock Enterprises as part of the ongoing construction activities at Electra's cobalt sulfate refinery complex north of Toronto. Kilmarnock Enterprises is an Ontario-based industrial contractor with extensive experience in structural, mechanical [...]
Electra Battery Materials Corp. today filed its operating results for the three months ended March 31, 2026, including the completion of several milestones in the construction of North America's first battery-grade cobalt sulfate refinery. During the quarter, Electra advanced several refinery construction activities, approved a comprehensive construction budget and execution schedule, strengthened its commercial position [...]
Electra Battery Materials Corp. has awarded a C$25 million construction package to complete the solvent extraction building at its cobalt sulfate refinery complex north of Toronto. The contract was awarded to WB Melback Corporation, a locally based company specializing in industrial construction and maintenance. The package includes concrete and civil works, structural steel erection, piping installation, and electrical [...]
Electra Battery Materials Corp. is pleased to announce that it has executed a binding investment agreement with the Government of Canada under the Strategic Response Fund , turning previous support for the project into a firm commitment. The Investment provides for total federal funding of $20 million toward eligible project costs, to support the completion of construction and commissioning of North America's only [...]
Electra Battery Materials Corp. , a North American critical minerals refining company, today announced the award of approximately C$7.8 million in construction contracts related to key infrastructure within its cobalt sulfate refinery in Ontario. The contracts establish defined construction scopes across key process areas, bringing additional portions of the refinery into active execution. Electra has awarded a contract [...]
Electra Battery Materials Corp. today reported 2025 financial results, highlighting a successful recapitalization and restart of construction of its cobalt sulfate refinery. Highlights Board approved US$73 million construction budget to complete the refinery Strengthened balance sheet, through recapitalization, including significant debt conversion to equity Reactivated full-scale construction in November following [...]
Electra Battery Materials Corp. , a North American critical minerals refining company, today provided a construction progress update for its cobalt sulfate refinery project in Ontario. The project continues to advance beyond detailed engineering, with procurement and installation activities progressing in line with the Company's previously announced construction plan and budget. The refinery is expected to become North [...]
Electra Battery Materials Corp. , a leader in advancing North America's critical minerals processing, is pleased to announce that LG Energy Solution , a leading global manufacturer of lithium-ion batteries, has reaffirmed its partnership with Electra through the signing of a new binding term sheet that details the updated contract period for the long-term supply of battery-grade cobalt from Electra's Ontario refinery [...]
Electra Battery Materials Corp. today announced that its Board of Directors has approved a $73 million construction budget and established an execution schedule to achieve mechanical completion of its cobalt sulfate Refinery north of Toronto, marking a significant step toward bringing North America's first battery-grade cobalt refinery into operation. Commissioning activities are expected to commence in the fourth quarter [...]
Electra Battery Materials Corp. has announced that it has upsized its previously announced At the Market Offering Program , pursuant to which the Company may offer and sell, at its discretion and from time to time, through H.C. Wainwright & Co., LLC , common shares in the capital of the Company having an aggregate offering price of up to US$25,000,000. The ATM was established pursuant to an At The Market Offering [...]
Electra Battery Materials Corp. , a leader in advancing North America's critical minerals processing, is pleased to announce that members of its executive leadership team will be participating in several key global mining, battery materials, and investment conferences in the coming weeks. Electra's participation in these events supports the execution of the Company's strategy to onshore North American critical minerals [...]