Electra and Three Fires Group Announce Aki Battery Recycling Joint Venture [Financial Post (Toronto, Ontario, Canada)]
Electra Battery Materials Corporation (ELBM)
Company Research
Source: Financial Post
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: 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 the capital resourcing of the joint venture, as well as sourcing and determining the location for the future facility. Electra will provide technical and commercial leadership to the project. Under the Aki Battery Recycling joint venture, Electra and the Three Fires Group will collaborate to
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ELBM
Sec Filings
- 11/19/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/15/24 - Form 6-K
- ELBM's page on the SEC website