Electra Reactivates Construction at Cobalt Sulfate Refinery
Electra Battery Materials Corporation (ELBM)
Company Research
Source: GlobeNewswire
TORONTO, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), a leader in advancing North America’s critical minerals processing, has resumed construction at its cobalt sulfate refinery following the arrangement of approximately US$82 million in project financing. This brownfield expansion positions Electra to complete North America’s first cobalt sulfate refinery, with permits and infrastructure in place, major equipment already on site, and supported by a fully funded capital program. Highlights: Construction resumes at North America’s first cobalt sulfate refinery, a brownfield expansion fully funded for completion and commissioning.US$82 million of financing secured, including US$48 million in support from the U.S., Canadian and Ontario governments.The refinery is designed to produce 6,500 tonnes of battery-grade cobalt annually, supplying a critical input for North American defense and industrial ap
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News
- Electra Battery Materials: Building North America's Battery Supply Chain [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Electra Battery Materials (NASDAQ:ELBM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Electra Battery Materials (NASDAQ:ELBM) had its "buy" rating reaffirmed by analysts at HC Wainwright.MarketBeat
- Electra Signs Agreement with North American pCAM CompanyGlobeNewswire
- Electra to Participate in Upcoming Global Industry Forums [Canadian Business Journal (Canada)]Canadian Business Journal
ELBM
Sec Filings
- 11/25/25 - Form 6-K
- 11/25/25 - Form F-3
- 11/25/25 - Form F-3/A
- ELBM's page on the SEC website