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Stock impact report

Electra and LG Energy Solution Update Multi-Year Cobalt Supply Agreement

Electra Battery Materials Corporation (ELBM) 
Company Research Source: GlobeNewswire
TORONTO, March 10, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”), a leader in advancing North America’s critical minerals processing, is pleased to announce that LG Energy Solution (LGES; KRX: 373220), a leading global manufacturer of lithium-ion batteries, has reaffirmed its partnership with Electra through the signing of a new binding term sheet that details the updated contract period for the long-term supply of battery-grade cobalt from Electra’s Ontario refinery (dated March 6, 2026). “The updated agreement underscores the strength of our long-standing partnership and LG Energy Solution’s role as a cornerstone customer in Electra’s vision to build a resilient, North American supply chain for critical minerals,” said Trent Mell, CEO of Electra Battery Materials. “As we advance construction of North America’s only cobalt sulfate refinery, this offtake agreement reflects growing demand for secure and responsibly sourced cob Show less Read more
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