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Stock impact report

Electra Provides Construction Progress Update on North America’s Only Cobalt Sulfate Refinery

Electra Battery Materials Corporation (ELBM) 
Company Research Source: GlobeNewswire
TORONTO, March 19, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), a North American critical minerals refining company, today provided a construction progress update for its cobalt sulfate refinery project in Ontario. The project continues to advance beyond detailed engineering, with procurement and installation activities progressing in line with the Company’s previously announced construction plan and budget. The refinery is expected to become North America’s only battery-grade cobalt sulfate production facility, with mechanical completion targeted for the second quarter of 2027 and commissioning activities beginning in advance of that milestone. “Steady progress continues at the North American refinery project site,” said Paolo Toscano, Vice President, Projects and Engineering. “With early works now largely complete, including key infrastructure installations and engineering milestones, the project is Show less Read more
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