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Stock impact report

Electra Awards $6.1 Million Contract to EXP Services for Project Management and Engineering Support at Ontario Refinery

Electra Battery Materials Corporation (ELBM) 
Company Research Source: GlobeNewswire
TORONTO, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) has awarded a US$6.1 million (C$8.3 million) contract to EXP Services Inc. ("EXP") to provide engineering, project management, and construction management services during the construction phase of Electra’s Ontario battery materials refinery project. "Partnering with EXP provides Electra with the additional project and construction management support needed as we move into the final phase of refinery development," said Paolo Toscano, VP Project & Engineering. "The team is committed to safety and timely execution as we work to build capacity for a domestic supply of battery-grade materials." This partnership enhances Electra’s project execution capabilities as the Company advances North America’s first cobalt sulfate refinery toward mechanical completion and commissioning in 2027. "Electra is focused on commissioning its cobalt sulfate refinery Show less Read more
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