Electra Receives $5 Million Grant from Government of Canada to Support the Development of the North American Electric Vehicle Supply Chain [Yahoo! Finance]
Electra Battery Materials Corporation (ELBM)
Company Research
Source: Yahoo! Finance
that it has received a $5 million investment from the Government of Canada towards the construction of North America's first cobalt sulfate refinery. Located in Temiskaming Shores, Ontario, the facility will produce approximately five percent of the global supply of battery grade cobalt needed for electric vehicles. The investment will be provided in the form of a grant from the Federal Economic Development Initiative for Northern Ontario (FedNor). "Canada has surpassed China as the top jurisdiction in the global battery supply chain, given its strength in raw materials mining and processing," said Trent Mell, Electra's CEO. "Today's announcement from the Government of Canada's demonstrates its continued commitment to building a strong, domestic EV supply chain. We are grateful for this additional investment as it represents added validation of our progress and will allow Electra to continue to work toward our goal of producing secure, clean, and ethically sourced materials that are
Show less
Read more
Impact Snapshot
Event Time:
ELBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ELBM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ELBM alerts
High impacting Electra Battery Materials Corporation news events
Weekly update
A roundup of the hottest topics
ELBM
News
- Nano One: Rewriting The Rules Of Lithium Batteries [Seeking Alpha]Seeking Alpha
- Electra and Eurasian Resources Group Sign Cobalt Supply Agreement [Yahoo! Finance]Yahoo! Finance
- Electra and Eurasian Resources Group Sign Cobalt Supply AgreementBusiness Wire
- Electra Receives Extension from NASDAQ to Resolve Minimum Price Requirement [Yahoo! Finance]Yahoo! Finance
- Electra Receives Extension from NASDAQ to Resolve Minimum Price RequirementBusiness Wire
ELBM
Sec Filings
- 5/1/24 - Form NT
- 4/2/24 - Form 6-K
- 3/21/24 - Form 6-K
- ELBM's page on the SEC website