Electra Battery Materials Corporation acquires and explores for resource properties in the United States and Canada. It primarily explores for cobalt and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project, which covers an area of approximately 5,900 acres located in Lemhi County, Idaho. It also operates a cobalt refinery for producing battery materials for the electric vehicle supply chain. The company was formerly known as First Cobalt Corp. and changed its name to Electra Battery Materials Corporation in December 2021. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NASDAQ
Website: https://electrabmc.com
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6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
6-K - Electra Battery Materials Corp (0001907184) (Filer)
TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 administrative requirements compared to annual permits. Approved by the U.S. Forestry Service, this permit enables Electra to advance its exploration of critical mineral resources es
TORONTO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 (Organisation for Economic Co-operation and Development) 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 organisations, and Indigenous representatives, this year focusing on partnering for sustained development in mining r
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 distinguished career that includes construction project leadership roles with large scale infrastructure, mining and power generation projects at leading companies such as Trans Mountain Corporation, Enbridge Pipelin
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") is pleased to announce its commercial team, led by Vice President Michael Insulan, will be actively participating in the London Metal Exchange (LME) 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 be focused on meeting with battery supply chain partners, advancing conversations on long-term relationships, and discussing Electra's critical role in the North American EV materials supply chain. Electra
TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 high-quality, saleable products, now including lithium carbonate, along with nickel-cobalt MHP and graphite," said Electra CEO, Trent Mell. "This achievement of technical grade
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 Group is an Indigenous-owned economic development agency focused on generating wealth and prosperity for current and future generations. The Three Fires Group will lead
(All amounts in US dollars) TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 completion plus amounts for working capital and operations during the construction and commissioning phases. Electra CEO, Trent Mell, commente
USA News Group CommentaryIssued on behalf of Troy Minerals Inc. VANCOUVER, BC, Sept. 3, 2024 /PRNewswire/ -- USA News Group – Experts in the critical minerals space are sounding the alarm that recent changes to China's export controls could have serious global critical supply chain implications. While the changes directly will impact the tungsten market, mining strategists worry that it's a confrontational signal for potentially more to come. The ripple effect could make things worse, as a recent report from the Federation of American Scientists states that the United States will need to use ten times more critical minerals than it currently does to achieve its clean energy transition. Playe
TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 nickel and cobalt supply chains for the North American battery materials sector. Electra CEO, Trent Mell, will sit on a panel titled "Examining Indonesia's Role in Buildin
TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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. ("Altitude"), 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 analysis of market opportunities. "We are thrilled to work alongside Michael, Gene and the team at Altitude," said Electra CEO, Trent Mell. "With their impressive
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") 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 distinguished career that includes construction project leadership roles with large scale infrastructure, mining and power generation projects at leading companies such as Trans Mountain Corporation, Enbridge Pipelin
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") today announced voting results of its 2024 annual general and special meeting of shareholders held today, August 13, in Toronto. A total of 13,467,376 common shares in the capital of the Company ("Common Shares"), or 23.6% 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, including the appointment of MNP LLP as external auditors. On a vote by ballot, each of the four director nominees listed in the management circular were elected to serve until the next annual me
Senior finance leader with deep public company, battery materials, and mining experience to lead financial initiatives in a permanent capacity Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to announce that it has appointed Craig Cunningham to the role of Chief Financial Officer (CFO), effective July 20, 2024. Mr. Cunningham has served as Li-Cycle's interim CFO since March 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240718508433/en/Craig Cunningham (Photo: Business Wire) Mr. Cunningham brings nearly two decades of experience
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") is pleased to announce the appointment of Heather Smiles as Vice President, Investor Relations and Corporate Development. In her role, Heather will be responsible for building and maintaining a strategic investor relations program and contributing to the advancement of our Company's vision of becoming the leading North American refinery for electric vehicle battery materials. Heather previously served as Director, Investor Relations for Electra until 2019. "We are excited to welcome Heather back to the team as we continue to negotiate the funding to complete construction of North America's only b
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") is pleased to announce that Mr. David Allen, CPA, CA, has been appointed as Chief Financial Officer of the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231228947176/en/Electra's refining complex, located north of Toronto, Canada (Photo: Business Wire) "David brings tremendous experience and a proven record of strategic decision making. He will be a valuable contributor in guiding our Company forward as we complete construction of the first battery materials refinery in North America," said CEO Trent Mell. "Starting in 2024, ele
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra") today announced that George Puvvada, Ph.D., P.Eng., PMP, was appointed Vice President of Metallurgy and Technology effective today. Dr. Puvvada, who brings 30 years of experience developing effective flowsheets for recovering metals from complex formations and completing large-scale projects with some of the mining industry's largest companies, including Cameco, Xstrata, Vale, and Inco. Dr. Puvvada joined Electra in 2020 as Technical Manager and led the development of the company's flowsheets for producing battery-grade cobalt sulfate and recycling black mass material to recover high value elements, including nicke
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Corporation") announced today that its annual and special meeting of shareholders will be held on October 24 at the Sheraton Centre, 123 Queen Street West, Toronto. The meeting will begin at 11:00 am (Toronto time). Shareholders will be asked to vote on a number of resolutions, including the election of directors and the appointment of auditors. Shareholders as of the record date of September 5, 2023, will be eligible to vote in person or by using the voting instruction form provided to them. Management recommends that shareholders vote in favour of all resolutions. Shareholders are recommended to submit t
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Corporation") announced today that it has changed its auditors from KPMG LLP ("Former Auditor") to MNP LLP, Chartered Professional Accountants ("Successor Auditor") effective September 18, 2023. At the request of the Corporation, the Former Auditor resigned as the auditor of Electra effective September 14, 2023. Electra's Board of Directors appointed the Successor Auditor as the Corporation's auditor effective September 18, 2023 until the next Annual General Meeting of the Corporation. The Former Auditor did not issue any modified opinions on the annual financial statements of the Corporation for the two f
USA News Group CommentaryIssued on behalf of Troy Minerals Inc. VANCOUVER, BC, Sept. 3, 2024 /PRNewswire/ -- USA News Group – Experts in the critical minerals space are sounding the alarm that recent changes to China's export controls could have serious global critical supply chain implications. While the changes directly will impact the tungsten market, mining strategists worry that it's a confrontational signal for potentially more to come. The ripple effect could make things worse, as a recent report from the Federation of American Scientists states that the United States will need to use ten times more critical minerals than it currently does to achieve its clean energy transition. Playe
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") today provided an update on its Refinery project and announced the filing of their full year 2023 financial reports. Electra continues to move ahead with its plans to become the first refiner of battery grade cobalt sulfate in North America by recommissioning and expanding its Refinery, located in Temiskaming Shores, Ontario, Canada. Once commissioned, the facility will produce approximately five percent of the global supply of battery grade cobalt needed for electric vehicles. "Electra achieved a number of milestones in 2023, including the delivery of almost all long lead order equipment to comple
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") today reported its financial results for the three- and nine-month periods ended September 30, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "Against a backdrop of challenging market and economic conditions, we completed a number of milestones in Q3, sustaining the momentum we established over the past 18 months," said Trent Mell, Electra's CEO. "Most notably, we closed an equity financing that generated gross proceeds of $21.5 million, extended our supply agreement with LG E
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra") will release its third quarter 2023 financial results after market close on November 16, 2023. Senior management will host a conference call and webcast on November 17, 2023 at 10:00 am ET to review Electra's third 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: 1-416-915-3239 Webcast and slide presentation: https://ElectraBMC.com/category/events/ About Electra Battery Materials Electra is a processor of low-carbon, ethically-sourced battery materials. Currently constructing North America's only
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra") today announced that the Company has postponed its conference call and webcast previously scheduled for November 15, 2023 pending the filing and release of its third quarter results for 2023. The Company anticipates filing its third quarter financial results on or before Friday November 17, 2023 and will announce the new date and time of its conference call and webcast accordingly. About Electra Battery Materials Electra is a processor of low-carbon, ethically-sourced battery materials. Currently constructing North America's only cobalt sulfate refinery, Electra is executing a multipronged strategy focused on o
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra") will release its third quarter 2023 financial results after market close on November 14, 2023. Senior management will host a conference call and webcast on November 15, 2023 at 8:00 am ET to review Electra's third 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: 1-416-915-3239 - Webcast and slide presentation: https://ElectraBMC.com/category/events/ About Electra Battery Materials Electra is a processor of low-carbon, ethically-sourced battery materials. Currently constructing North America's only co
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") today reported its financial results for the three- and six-month periods ended June 30, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "Our recent efforts have been primarily focused on strengthening our balance sheet and updating our refinery project and black mass economics," said Trent Mell, Electra's CEO. "With completion of our re-baseline engineering report, scoping study, and recent equity financing, which raised $21.5 million in gross proceeds, now behind us, we will
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") today reported its financial results for the first quarter ended March 31, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "Our performance in the first quarter was marked by a number of significant milestones relating to our lithium-ion battery material recycling trial," said Trent Mell, Electra's CEO. "Most notably, we completed the first plant-scale recycling of black mass material in North America and we produced high quality lithium-carbonate, graphite, and nickel-cobalt m
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra") will release its first quarter 2023 financial results after market close on May 10, 2023. Senior management will host a conference call and webcast on May 11, 2023 at 8:00 am ET to review Electra's first 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: 1-416-915-3239 - Webcast and slide presentation: https://ElectraBMC.com/category/events/ About Electra Battery Materials Electra is a processor of low-carbon, ethically-sourced battery materials. Currently commissioning North America's only cobalt sulf
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") today reported its financial results for the quarter and year ended December 31, 2022, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. "2022 was a remarkable year for Electra, filled with achievements and developments that augur extremely well for our Company and our prospects of becoming a key link in the North American EV battery supply chain," said Trent Mell, Electra's CEO. "Most notably, we made considerable progress towards our vision of commissioning North America's first coba
Highlights Electra's 2023 field program discovered a previously unknown copper surface showing, the Malachite Hill Copper Showing, on an unexplored boundary area of the Redcastle Agreement claims portion of the Idaho properties. Electra has signed an amendment to the Redcastle Property Agreement to extend its two main exploration expenditure commitments by two years, to 2026 and 2028 respectively.
HC Wainwright & Co. analyst Heiko Ihle maintains Electra Battery Materials (NASDAQ:ELBM) with a Buy and lowers the price target from $1.6 to $1.4.
Pursuant to the Extension, the Company has until September 16, 2024 to regain compliance with the Minimum Bid Requirement, during which time the Shares will continue to trade on Nasdaq.
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra", "Company") announced today that in accordance with its Long-Term Incentive Plan approved by shareholders at its October 24, 2023 annual general meeting, the Company has issued 3,150,225 incentive stock options (the "Options") and 104,938 restricted share units ("RSU") to certain directors, officers, employees, and contractors of the Company. The Company will also settle (the "Share Settlement") a total of C$157,357 of earned performance-based incentive cash payments to certain non-officer employees by issuing a total of 194,268 common shares of the Company at a deemed price of C$0.81 per share to these individuals
. At this time, the plant-scale black mass recycling trial is largely complete, and the Company is compiling an internal report detailing the proprietary methodologies used, as well as various optimizations and modular growth scenarios.
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HC Wainwright & Co. analyst Heiko Ihle maintains Electra Battery Materials (NASDAQ:ELBM) with a Buy and lowers the price target from $2.5 to $1.6.
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra") today announced that the Company has postponed its conference call and webcast previously scheduled for November 15, 2023 pending the filing and release of its third quarter results for 2023.The Company anticipates filing its third quarter financial results on or before Friday November 17, 2023 and will announce the new date and time of its conference call and webcast accordingly.