Electra Battery Materials

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  March 24, 2025

  Electra Battery Materials’ Cobalt Refinery Gains Potential $20 Million Boost

  BY John Davis
  Electra Battery Materials has received a non-binding Letter of Intent from the Government of Canada for up to $20 million in potential funding to help complete North America’s first battery-grade cobalt refinery in Temiskaming Shores, Ontario. The facility is expected to support production for up to one million electric vehicles annually. Designed to have the...
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  March 18, 2025

  Electra Battery Materials Seeks Funding to Complete North America’s Only Cobalt Refinery

  BY Lara Browne
  Electra Battery Materials, poised to become the only cobalt sulfate refinery in North America, is navigating financial hurdles as it works to complete its Temiskaming Shores facility in Northern Ontario. Construction at the site stalled in 2023 due to funding shortages, but the company remains optimistic about securing the remaining capital needed to resume operations....
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