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Stock impact report

Electra Achieves Technical Grade Lithium Carbonate in Recycling Program [Financial Post (Toronto, Ontario, Canada)]

Electra Battery Materials Corporation (ELBM) 
Company Research Source: Financial Post
TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) — Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: 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 lithium carbonate at a plant scale may be the first such achievement in North America. It is critical we not only continue to develop the onshore supply chain, but also a closed-loop solution to battery recycling, as EV adoption rates increase. “This year, we have received a C$5 million fu Show less Read more
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