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Stock impact report

Electra Advances Idaho Cobalt-Copper Assets as Cornerstone of America’s Critical Minerals Independence

Electra Battery Materials Corporation (ELBM) 
Company Research Source: GlobeNewswire
TORONTO, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) has launched a new program to advance mineral deposit modelling and feedstock integration at its Iron Creek cobalt-copper project in Idaho, supporting U.S. efforts to onshore critical mineral production and reduce dependence on foreign supply chains. With financing for its North American cobalt refinery now completed and construction scheduled to resume, Electra is leveraging its strengthened balance sheet to advance its next phase of growth, onshoring not only mineral processing but also mining capabilities to meet rising U.S. demand for critical minerals. “America needs cobalt, and we see Idaho as the best opportunity to produce it domestically,” said Trent Mell, CEO. “With our refinery fully financed and progressing toward construction restart, we are now looking to diversify our feedstock base by bringing in domestic sources. Idaho offers a Show less Read more
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