Electra Battery Materials Corp.

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 [...]

Electra Battery Materials Corp. is pleased to announce the successful achievement of greater than 99% purity, or technical grade, lithium carbonate product. These results further bolster the Company's ability to produce high-quality, technical and battery-grade products from its black mass recycling project. "Our proprietary hydrometallurgical process has demonstrated repeatedly that it can successfully produce [...]

Electra Battery Materials Corp. is pleased to announce a joint venture, named Aki Battery Recycling, with Indigenous-owned Three Fires Group to produce battery black mass through responsible recycling of lithium-ion battery scrap and waste material. The black mass would then be sold to Electra's refinery to recover lithium, nickel, cobalt and other critical minerals to produce new lithium-ion batteries. The Three Fires [...]

Electra Battery Materials Corp. today provided an update on its financing strategy for North America's first battery grade cobalt refinery, announcing that it has received a non-binding term sheet for a $20 million prepayment facility from an arms-length strategic player in the battery materials sector. Several other financing discussions have been advancing alongside this proposal to raise the $60 million for project [...]

Electra Battery Materials Corp. is pleased to announce its participation in Indonesia's first critical minerals conference, Fastmarket's International Critical Minerals and Metals Summit: Indonesia. The summit will bring together industry leaders, policymakers, and stakeholders to discuss Indonesia's role in the global energy transition. Electra's participation will underscore the opportunities to develop sustainable [...]

Electra Battery Materials Corp. is pleased to announce, in support of its strategic plans to build a North American battery materials supply chain, the Company has signed a strategic advisory agreement with Altitude Capital Consultants Inc. , based in Toronto, Ontario and led by renowned Canadian capital markets and investment banking experts Michael Wekerle and Gene McBurney, to provide capital markets strategy and [...]

Electra Battery Materials Corp. , a processor of low-carbon, ethically-sourced battery materials, announced today that it has been awarded $20 million by the U.S. Department of Defense. The award was made pursuant to Title III of the Defense Production Act to expand domestic production capability and is funded through the Additional Ukraine Supplemental Appropriations Act. The funds will support the construction and [...]

Electra Battery Materials Corp. is pleased to announce that the Company and the holders of US$51 million principal amount of 8.99% senior secured convertible notes have agreed that all accrued interest owing to August 15, 2024, on the convertible notes will be "paid-in-kind," not in cash, and added to the outstanding principal amount of the notes. As a result of this agreement, the Company will issue additional notes in [...]