Electra Advances Financing for North America’s Only Cobalt Sulfate Refinery
Electra Battery Materials Corporation (ELBM)
Company Research
Source: GlobeNewswire
TORONTO, March 24, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to provide an update following a visit from the Honourable Marc G. Serré, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Nickel Belt and the Honourable Anthony Rota, Member of Parliament for Nipissing–Timiskaming, to its cobalt sulfate refinery site in Ontario. The Company welcomed the MPs following Electra’s announcement on Friday of a conditional contribution from the Government of Canada to support completion of North America’s first and only cobalt sulfate refinery. To date, Electra has arranged US$54 million in non-dilutive funding, including US$34 million in government support – comprised of both a binding contract and a non-binding letter of intent – and a US$20 million strategic investment proposal (September 10, 2024 press release). In 2023, Electra estimated the capital c
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News
- Electra Battery Materials: Building North America's Battery Supply Chain [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Electra Battery Materials (NASDAQ:ELBM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Electra Battery Materials (NASDAQ:ELBM) had its "buy" rating reaffirmed by analysts at HC Wainwright.MarketBeat
- Electra Signs Agreement with North American pCAM CompanyGlobeNewswire
- Electra to Participate in Upcoming Global Industry Forums [Canadian Business Journal (Canada)]Canadian Business Journal
ELBM
Sec Filings
- 12/12/25 - Form EFFECT
- 12/11/25 - Form 424B5
- 12/9/25 - Form EFFECT
- ELBM's page on the SEC website