Electra Battery Materials Corp.

Electra Battery Materials Corp. confirmed today the existence of a new cobalt zone in the Idaho Cobalt Belt, following the receipt of assay results from drilling at its Ruby prospect. The new drill intercepts are located in close proximity to the Company's flagship Iron Creek cobalt-copper deposit. Results from Electra's summer exploration program support a more extensive drill campaign to determine the full extent of [...]

Electra Battery Materials Corp. today provided an update on the commissioning of its cobalt refinery located north of Toronto, confirming that it remains on track to meet project timelines, including the launch of a black mass recycling demonstration, and capital cost guidance announced with its Q2 2022 reporting. "Electra continues to build momentum," said Trent Mell, CEO of Electra Battery Materials. "On the heels of [...]

Marks Electra's first commercial agreement in EV supply chain Electra Battery Materials Corp. today announced the signing of a three-year agreement to supply battery grade cobalt to LG Energy Solution , a leading global manufacturer of lithium-ion batteries for electric vehicles. Electra has agreed to supply LGES with 7,000 tonnes of battery grade cobalt from 2023 to 2025. The material will be supplied from the only [...]

-Provides path to growing nickel refining capacity in North America- Electra Battery Materials Corp. today released highlights of a scoping study prepared by a global engineering firm supporting the creation of an integrated electric vehicle battery materials park in Ontario that would include nickel, cobalt and manganese refining, recycling of battery black mass material, and precursor cathode active material [...]

Electra Battery Materials Corp. today announced the filing of its financial results for the second quarter ended June 30, 2022, and provided an update on the commissioning of its cobalt refinery located north of Toronto. All amounts are in Canadian currency unless stated. "We made considerable progress on our battery materials refinery project in Q2, completing 80 per cent of testing of existing brownfield equipment for [...]

Electra Battery Materials Corp. today provided an update on its 2022 exploration program at its Ruby prospect, located 1.5 kilometers from its primary Iron Creek cobalt-copper deposit in the Idaho Cobalt Belt. Electra's exploration program is a cornerstone of its strategy to onshore the electric vehicle supply chain by identifying domestic sources of critical minerals for the electric vehicle market. Highlights A strong [...]

Electra Battery Materials Corp. will release its second quarter 2022 financial results after market close on August 11, 2022. Senior management will host a conference call and webcast on August 12, 2022 at 10:00 am ET to review Electra's second 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: 1-604-638-5340 [...]

Electra Battery Materials Corp. today announced that it has signed a Benefits Agreement with the Métis Nation of Ontario solidifying a relationship between the two parties and providing employment, training, procurement, and business opportunities related to the construction and expansion of the Company's battery materials refinery north of Toronto Temiskaming Shores. "Signing our first Benefits Agreement marks an [...]

Electra Battery Materials Corp. today announced that as part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, it has begun preliminary discussions with the Government of Quebec to build a new cobalt refinery in Bécancour, Quebec that will integrate with an emerging battery materials park in the province. "Given a forecasted deficit in domestic cobalt sulfate production [...]

Electra Battery Materials Corp. today announced the appointment of Craig Cunningham, a finance executive with 17 years of experience as Chief Financial Officer effective today. "Craig is a welcome addition to the Electra senior leadership team, bringing executive level leadership and more than 17 years of accounting, finance, operational, and capital markets experience," said Trent Mell, CEO of Electra Battery Materials [...]