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Electra Evaluates Development of Second Battery Materials Refinery in North America; Appoints 30 Year Industry Veteran to Lead Study

June 22, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

TORONTO, June 22, 2022 /CNW/ – Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) (“Electra”) 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 by 2025, we have received significant interest from industry and government stakeholders to build a second refinery in North America,” … Continue Reading

Electra Appoints Experienced Finance Executive as CFO

June 8, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

TORONTO, June 8, 2022 /CNW/ – Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) (“Electra”) 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. “We look forward to his many contributions as we execute on our strategy of becoming North America’s first integrated battery materials park.”

Prior to joining … Continue Reading

Electra Underscores Commitment to Sustainability with Launch of Comprehensive ESG Policies and Frameworks

May 31, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

TORONTO, May 31, 2022 /CNW/ – Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) (the “Company” or “Electra”) today announced the introduction of a comprehensive set of olicies and frameworks that underpin the Company’s commitment to Environmental, Social and Governance (ESG) best practices. Approved by the Company’s Board of Directors, the policies cover Human Rights, Supply Chain, Environment, and Sustainability matters. In support of the rollout of the policies, the Company is also launching a whistleblower channel, open for internal and external stakeholders and accessible from Electra’s website (https://electrabmc.com/esg/).

“Given our focus of developing a low carbon, … Continue Reading

Electra Makes Steady Progress in Q1 2022 Towards Commissioning its Cobalt Refinery

May 26, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

TORONTO, May 26, 2022 /CNW/ – Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) (“Electra”) today provided an update on its plans to develop a low carbon, fully-integrated battery materials park for the North American electric vehicle industry and announced the filing of its financial results for the first quarter ended March 31, 2022.

“Despite supply chain disruptions and inflationary price pressures caused by the lingering effects of the global pandemic and recent geopolitical developments Electra made considerable progress in Q1, advancing the construction of our expanded cobalt refinery,” said Trent Mell, CEO of Electra Battery Materials … Continue Reading

Electra Strengthens Leadership Team with Appointment of 20-year Investor Relations Professional

May 25, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

TORONTO, May 25, 2022 /CNW/ – Electra Battery Materials Corporation (NASDAQ: ELBM) (TSX-V: ELBM) (“Electra”) today announced the appointment of Mr. Joseph (Joe) Racanelli, a 20-year veteran of the capital markets, as Vice President, Investor Relations.  Mr. Racanelli will oversee Electra’s engagement with shareholders and the investment community, helping to build profile and visibility of the company’s vision of becoming North America’s first fully-integrated battery materials park for the electric vehicle industry.  Working closely with Electra’s CEO, Trent Mell, Mr. Racanelli will communicate Electra’s investor proposition and build shareholder value.

“Joe brings a wealth of experience with … Continue Reading

Electra Updates ATM Program

May 17, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

TORONTO, May 17, 2022 /CNW/ – Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) (“Electra”) announces that it has updated its at-the-market equity program (the “ATM Program”) to issue up to C$20,000,000 (or its equivalent in U.S. currency) of common shares (“Common Shares”) in the United States and Canada from time to time, at Electra’s discretion. The update is to permit sales of Common Shares under the ATM Program into the United States following Electra’s listing on the Nasdaq Capital Market (“Nasdaq”) on April 27, 2022.

Sales of Common Shares, if any, under the ATM Program in the … Continue Reading

Electra Drilling Intersects High Grade Cobalt, Extends Mineralization at Idaho Project

May 9, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

TORONTO, May 9, 2022 /CNW/ – Electra Battery Materials Corporation (NASDQ: ELBM) (TSXV: ELBM) (“Electra”) is pleased to announce that drilling at its cobalt-copper mineral project in Idaho has successfully extended mineralization by an additional 180 metres to the east of the current deposit as well as down dip from the eastern edge of the resource zone.

HIGHLIGHTS
  • Cobalt is an essential ingredient in long range electric vehicle batteries and the U.S. automotive industry is entirely reliant on foreign supplies of this critical mineral
  • Five of six exploration holes drilled in the most recent drill campaign intersected high grade
  • … Continue Reading

    Electra Approved to List on Nasdaq Capital Markets; Management to Ring the Closing Bell

    April 26, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM

    TORONTO, April 26, 2022 /CNW/ – Electra Battery Materials Corporation (TSXV: ELBM) (OTCQX: ELBMF) (“Electra”) today announced that the Nasdaq Stock Market LLC has approved the listing of Electra’s common shares on the Nasdaq Capital Market (“Nasdaq”). Electra will commence trading on Nasdaq on April 27, 2022, under the ticker symbol “ELBM”. Electra’s common shares will continue to trade on the TSX Venture Exchange (TSX-V) under the symbol “ELBM”.

    “Listing on the Nasdaq is a significant milestone for Electra and a natural next step in the evolution of the Company,” said Mr. Trent Mell, CEO. “With the … Continue Reading

    Electra Confirms Effective Date for Share Consolidation

    April 11, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM, TSX:ELBM

    TORONTO, April 11, 2022 /CNW/ – Electra Battery Materials Corporation (TSXV: ELBM) (OTCQX: ELBMF) (“Electra” or the “Company“) announces that effective at the close of business on April 12, 2022, the Company will consolidate (the “Consolidation“) its outstanding common share capital on the basis of one (1) post-Consolidation share for every eighteen (18) pre-Consolidation shares. At the opening of markets on April 13, 2022, the common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol “ELBM” and the new CUSIP: 28474P201.

    The Consolidation is being undertaken in preparation for a … Continue Reading

    Electra Strengthens ESG Leadership

    April 11, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM, TSX:ELBM

    TORONTO, April 11, 2022 /CNW/ – Electra Battery Materials Corporation (TSXV: ELBM) (OTCQX: ELBMF) (“Electra”) today announced the appointment of Renata Cardoso as Vice-President, Sustainability and Low Carbon. In this capacity, Renata will have overall responsibility for the Company’s mission to exceed global ESG norms in the industry, in line with Electra’s business objective to be the partner of choice in the EV market. Ms. Cardoso is joining the Company after 15 years with global miner Vale. Ms. Cardoso has extensive experience leading corporate sustainability and climate change strategy in the international mining and metals industry.

    HIGHLIGHTS
  • Electra is
  • … Continue Reading

    Electra Announces Offtake Agreement for Recycled Battery Material

    April 6, 2022 via NewsWire Tagged With: TSX VENTURE:ELBM, TSX:ELBM

    TORONTO, April 6, 2022 /CNW/ – Electra Battery Materials Corporation (TSXV: ELBM) (OTCQX: ELBMF) (“Electra”) today announced an offtake agreement for nickel and cobalt produced from a battery recycling plant that it expects to commission in 2023 at its Battery Materials Park north of Toronto. Under the agreement, Glencore AG will purchase the nickel and cobalt products until the end of 2024 on market-based terms.

    HIGHLIGHTS

  • Offtake contract covers 2023-2024 production of nickel and cobalt from refining of black mass feed generated from lithium-ion batteries. Offtake contracts for lithium, copper and graphite are under discussion with other parties.
  • … Continue Reading

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