Electra Battery Materials Corp

Electra Battery Materials Corp. engages in the acquisition, exploration, and development of mineral properties. Its project portfolio includes First Cobalt Refinery, Iron Creek, Greater Cobalt, and The Geology of Cobalt. The company was founded on July 13, 2011 and is headquartered Toronto, Canada.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q2 2023

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Earnings data Q3 2024

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Electra Battery Materials Corp. engages in the refining, acquisition, and exploration of resource properties. Its project portfolio includes Iron Creek and Battery Materials Park. The company was founded on July 13, 2011 and is headquartered Toronto, Canada.

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announced today the pricing of its previously announced overnight-marketed public offering (the “Equity Offering”) of units of the Company (the “Units”) on a best efforts basis at a price of US$2.35 per Unit for total gross proceeds of approximately US$5.5 million (~CAD$7.4 million).

Electra Announces Pricing of Public Equity Offering

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has announced plans to raise around US$8 million via a public offering of units in the company. The fundraising will be led by Cantor Fitzgerald with each unit on offer consisting of one common share in the company and one full warrant to buy one common share for a period of 36 months at a price to be determined.

Electra Battery Materials aims to raise US$8M via public offering

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) plans to undertake an overnight-marketed public offering of units of the Company (the “Units”) on a “best efforts” basis led by Cantor Fitzgerald Canada Corporation.

Electra Announces Marketed Offering of Units for Proceeds of up to approximately US$8 Million to Finance Commissioning of Cobalt Refinery

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra's Q3 Earnings Call and 2022 AGM

Electra Provides Notice of Q3 2022 Results Conference Call and 2022 Annual Meeting of Shareholders

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said it has started commissioning its black mass recycling demonstration plant at its battery materials park located north of Toronto. The announcement follows the successful installation of material feed handling and lime delivery systems, two key circuits in Electra's hydrometallurgical process designed to recycle end-of-life lithium-ion battery materials.

Electra Battery Materials starts commissioning black mass recycling demonstration plant north of Toronto

TORONTO , Oct. 13, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced the start of commissioning of its black mass recycling demonstration plant at its battery materials park located north of Toronto following the successful installation of material feed handling and lime delivery systems, two key circuits in Electra's hydrometallurgical process designed to recycle end of life lithium-ion battery materials. "Automakers are looking for a closed-loop supply chain for their batteries and Electra's recycling process presents a compelling solution to move to a circular model for recycling end-of-life batteries and battery manufacturing scrap," said Trent Mell, CEO of Electra Battery Materials.

Electra Starts Commissioning of Battery Materials Recycling Demonstration Plant at its Ontario Refinery Complex

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) told investors it has confirmed a new zone of cobalt mineralization at the Ruby target at its Iron Creek project in Idaho following drill results. The target sits just 1.5 kilometres (km) southeast of the company's Iron Creek deposit and the first two holes drilled hit intercepts including 6.4 metres (m) at 0.21% cobalt from  a depth of 307.5m to 313.9m.

Electra Battery Materials says drilling confirms new zone of cobalt mineralization at Ruby target, Iron Creek

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has confirmed that its cobalt refinery located north of Toronto remains on track to meet project timelines, including the launch of a black mass recycling demonstration and previously-announced capital cost guidance. “Electra continues to build momentum,” Trent Mell, CEO of Electra Battery Materials, said in a statement.

Electra Battery Materials says cobalt refinery on track to meet project timelines

TORONTO , Sept. 28, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") 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 Makes Continued Progress on Cobalt Refinery Project and Prepares for Black Mass Recycling Demonstration

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has signed a three-year deal to supply battery grade cobalt to LG Energy Solution, a manufacturer of lithium-ion batteries for electric vehicles, the company announced. Electra agreed to supply 7,000 tonnes of battery grade cobalt from 2023 to 2025.

Electra Battery Materials inks three-year deal to supply battery grade cobalt to EV battery producer

Marks Electra's first commercial agreement in EV supply chain TORONTO , Sept. 22, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced the signing of a three-year agreement to supply battery grade cobalt to LG Energy Solution (LGES; KRX: 373220), a leading global manufacturer of lithium-ion batteries for electric vehicles.

Electra and LG Energy Solution Sign Three-year Cobalt Supply Agreement

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has released highlights of a scoping study prepared by a global engineering firm supporting the creation of an integrated electric vehicle (EV) battery materials park in Ontario, Canada. The scoping study examined the construction of a battery-grade nickel sulphate refinery in Ontario by 2025 to 2026 that would include nickel, cobalt and manganese refining, recycling of battery black mass materials, and precursor cathode active material (pCAM) manufacturing, the company said.

Electra Battery Materials spotlights study showing compelling economics of Ontario integrated EV battery materials facility

-Provides path to growing nickel refining capacity in North America- TORONTO , Sept. 8, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") 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 (pCAM) manufacturing.

Electra's Study on Integrated EV Battery Materials Facility in Ontario Demonstrates Compelling Economics

(Kitco News) - The operation Electra Battery Materials is advancing "by and large don't exist outside of China,", said CEO Trent Mell who hopes to make his company a first mover within the EV space.

'First mover in North America' - Trent Mell's Electra Battery Materials advances refinery for EV market

Electra Battery Materials Corporation (NASDAQ:ELBM ) Q2 2022 Earnings Conference Call August 12, 2022 10:00 AM ET Company Participants Joe Racanelli - VP, IR Trent Mell - CEO Mark Trevisiol - VP, Project Development Craig Cunningham - CFO Dan Pace - Principal Geologist Conference Call Participants Matthew O'Keefe - Cantor Fitzgerald Jake Sekelsky - Alliance Global Partners Gordon Lawson - Paradigm Capital Operator Thank you for standing by. This is the conference operator.

Electra Battery Materials Corporation (ELBM) CEO Trent Mell on Q2 2022 Results - Earnings Call Transcript

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has 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. "We made considerable progress on our battery materials refinery project in Q2, completing 80% of testing of existing brownfield equipment for recommissioning, 80% of all procurement, and 85% of detailed engineering," said Trent Mell, CEO of Electra Battery Materials in a statement.

Electra Battery Materials files second quarter financial results, provides update on the commissioning of its cobalt refinery

TORONTO , Aug. 11, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSX-V: ELBM) ("Electra") 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.

Electra Reports Q2 Results and Provides Update on Cobalt Refinery Project

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has provided an update on its 2022 exploration program at its Ruby prospect, located 1.5 kilometers (km) from its primary Iron Creek cobalt-copper deposit in the Idaho Cobalt Belt. The Toronto-based processor of low-carbon battery materials said a “strong and open-ended anomaly” at Ruby was defined by a 7.6-kilometer pole-dipole 3D Induced Polarization (IP) survey, which measures the chargeability of the subsurface to determine the presence of sulphide minerals.

Electra Battery identifies new mineralization in Idaho Cobalt Belt

TORONTO , Aug. 2, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra" or the "Company") 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.

Electra Identifies New Mineralization in Idaho Cobalt Belt

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TORONTO , July 29, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") 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.

Electra Provides Notice of Second Quarter 2022 Results Conference Call and Webcast

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said it has signed a benefits agreement with the Metis Nation of Ontario, 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 important milestone for Electra as we advance with the commissioning of our refinery," Trent Mell CEO of Electra Battery Materials said in a statement.

Electra Battery Materials signs benefits agreement with Metis Nation of Ontario

TORONTO , July 26, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSX-V: ELBM) ("Electra") today announced that it has signed a Benefits Agreement with the Métis Nation of Ontario ("MNO") 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 important milestone for Electra as we advance with the commissioning of our refinery," said Trent Mell, CEO of Electra Battery Materials.

Electra Signs Benefits Agreement with Métis Nation of Ontario

Abnormally abrupt price decline, -15% in two days. Last company news were good news: expansion plans announced on June 22, 2022.

Why Did Electra Battery Materials' Price Suddenly Drop In Trading

Quickly replaced outgoing CFO with industry veteran. Hired other executives. Evaluating second refinery in the province of Quebec.

News for Electra Battery Materials Corp Stock (ELBM)