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Electra Battery Materials CorpBullish
Electra Battery Materials has signed a non-binding term sheet with WMC Group AG for a five-year working-capital and commercial partnership to support its Canadian cobalt refinery. The agreement covers cobalt feedstock procurement, product marketing, and logistics, with WMC also committing to an equity investment in Electra upon the execution of definitive agreements.…more
Electra Battery Materials Corp
Electra Battery Materials has appointed Garzon Duenas as General Manager to lead the commissioning and operations of its Ontario cobalt sulfate refinery. Construction remains on budget, with mechanical completion targeted for the second quarter of 2027 and commercial production expected to begin in the fourth quarter of 2027.…more
Electra Battery Materials Corp
Electra Battery Materials reported its capital markets activity for Q3 2026, raising approximately $92,000 in gross proceeds through the issuance of 150,003 common shares under its ATM program. Additionally, the company facilitated the purchase of 37,341 shares via its Employee Share Purchase Program and granted 112,676 deferred share units to non-employee directors to align interests with shareholders.…more
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Electra Signs MOU with WMC for Strategic Cobalt Refinery Partnership
Electra Battery Materials has signed a non-binding MOU with WMC for a five-year strategic partnership to secure working capital and global sales support for its cobalt refinery. While the deal aims to bolster operations, it remains subject to definitive agreements and regulatory approvals.…more
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Electra Battery Materials has signed a non-binding term sheet with WMC for a working-capital and commercial partnership to support its cobalt refinery operations. The agreement remains subject to further negotiations, due diligence, and final documentation before it can be fully executed.…more
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Electra Battery Materials has appointed a new General Manager to oversee the commissioning and commercial operation of its Ontario cobalt sulfate refinery. Construction remains on budget with commercial production targeted for the fourth quarter of 2027.…more
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