Electra Battery Materials Corp.

Electra Battery Materials Corp. is pleased to announce receipt of a Letter of Intent for proposed funding of $20 million. The funding will support completion of construction and commissioning of North America's first battery grade cobalt refinery which will enable domestic production of up to one million electric vehicles annually. "We are grateful to be working with the Government of Canada. Today's announcement [...]

Electra Battery Materials Corp. announces an agreement with the holders of its senior secured debt that enhances the Company's financial flexibility. Under this agreement, lenders have agreed to defer all interest payments until February 15, 2027, allowing Electra to invest its capital towards completing its cobalt refinery rather than debt servicing. The agreement, entered into on March 5, 2025, covers all outstanding [...]

Electra Battery Materials Corp. is pleased to announce the appointment of Alden Greenhouse to the Company's Board of Directors. Mr. Greenhouse is currently the Vice-President, Critical & Strategic Minerals for Agnico Eagle Mines Ltd., a leading Canadian mining company with global operations. "We are delighted to welcome Alden to Electra's Board of Directors," said John Pollesel, Electra Chair. "His extensive experience in [...]

Electra Battery Materials Corp. is pleased to provide an update on its exploration efforts at the CAS Property in the Idaho Cobalt Belt, U.S.A. Recent and historical data from CAS highlight high-grade gold values over significant intervals and underscore the growing importance of the CAS Property to Electra's Idaho exploration strategy. With gold trading near its all-time high and a strong long-term outlook, the presence [...]

Electra Battery Materials Corp. is pleased to announce the commencement of a feasibility level engineering study to build a battery recycling refinery adjacent to its cobalt refinery north of Toronto. The study will build on the technology and expertise accumulated during a year-long black mass recycling trial, whereby Electra produced technical grade lithium and a nickel and cobalt product from end of life lithium [...]

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 [...]