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Stock impact report

Electra Provides Update on 2024 Activities and Files 2024 Financials [Yahoo! Finance]

Electra Battery Materials Corporation (ELBM) 
Company Research Source: Yahoo! Finance
confirmed the filing of their consolidated financial statements for the three months and year ended December 31, 2024, on Friday, March 28, 2025, and provides an update on its 2024 activities. “2024 was an important year for Electra as we built momentum across all areas of our business,” said Trent Mell, CEO of Electra. “With more than US$50 million in non-dilutive funding arranged to date, including committed and conditional capital, we are making strides towards resuming construction and commissioning of North America's first, and only, cobalt sulfate refinery. This funding amounts to the majority of the total capital required to complete construction.” Mell continued, “We also made tremendous progress in our battery recycling program last year, having now successfully produced high-purity lithium carbonate and a nickel and cobalt product from black mass that meets and exceeds market specifications. Our joint venture with the Three Fires Group, Aki Battery Recycling to establish Show less Read more
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