Electra Battery Materials Corp. and the Three Fires Group today announced significant progress on the Aki Battery Recycling joint venture, the first Indigenous-led lithium-ion battery recycling initiative in Canada. Aki is pioneering a low emission, circular solution for managing battery waste, strengthening domestic supply chains and reducing reliance on offshore processing. Since launching the joint venture in 2024, key [...]
Electra Battery Materials Corp. is pleased to announce completion of a feasibility level Class 3 Engineering Study for the construction of a modular battery recycling facility adjacent to its cobalt sulfate refinery north of Toronto. The facility will be designed to recover lithium, nickel, cobalt, manganese, and graphite from lithium-ion battery manufacturing scrap and end-of-life batteries using Electra's proprietary [...]
Electra Battery Materials Corp. commends the Ontario government for its landmark C$500 million Critical Minerals Processing Fund, unveiled in the 2025 provincial budget announced last week. The investment commitment represents a significant step toward building a domestic, vertically integrated supply chain for clean energy technologies. Prioritizing critical mineral processing in Ontario will strengthen local industry [...]
Electra Battery Materials Corp. today announced the filing of its first quarter 2025 financial reports. Highlights from the Quarter: Leadership Strengthening - In January, Electra welcomed Marty Rendall as Chief Financial Officer , followed by the appointment of Alden Greenhouse to the Board of Directors in February, together bringing additional financial and critical minerals strategic bench strength to the Company's [...]
Electra Battery Materials Corp. announces that it has closed the final tranche of its oversubscribed non-brokered private placement previously announced on March 24, 2025, raising aggregate gross proceeds of approximately US$3.5 million . The Offering closed in two tranches, the first occurring on April 3, 2025, and the second occurring on the date hereof. An aggregate of 3,125,000 units of the Company were issued at a [...]
Electra Battery Materials Corp. announces that it has closed the first tranche of its oversubscribed non-brokered private placement previously announced on March 24, 2025, raising aggregate gross proceeds of approximately US$3.08 million . "We are pleased with the strong investor support demonstrated for our vision of building a North American critical minerals supply chain," said Electra CEO, Trent Mell. "The [...]
Electra Battery Materials Corp. today confirmed the filing of their consolidated financial statements for the three months and year ended December 31, 2024, on Friday, March 28, 2025, and provides an update on its 2024 activities. "2024 was an important year for Electra as we built momentum across all areas of our business," said Trent Mell, CEO of Electra. "With more than US$50 million in non-dilutive funding arranged to [...]
Electra Battery Materials Corp. is pleased to announce that its non-brokered private placement , on the terms described in the press release of March 24, 2025, is now fully subscribed and allocated. "The strong investor interest in the Offering reflects continued confidence in our strategy," said Electra CFO Marty Rendall. "This capital will provide us with the flexibility to continue advancing our work supporting a North [...]
Electra Battery Materials Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise aggregate gross proceeds of up to US$3,500,000. The Offering will consist of units of the Company to be issued at a price of US$1.12 per Unit. Each Unit will consist of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant will entitle the [...]
Electra Battery Materials Corp. is pleased to provide an update following a visit from the Honourable Marc G. Serré, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Nickel Belt and the Honourable Anthony Rota, Member of Parliament for Nipissing-Timiskaming, to its cobalt sulfate refinery site in Ontario. The Company welcomed the MPs following Electra's announcement on [...]
Electra Battery Materials Corp. is pleased to announce receipt of a Letter of Intent for proposed funding of $20 million. The funding will support completion of construction and commissioning of North America's first battery grade cobalt refinery which will enable domestic production of up to one million electric vehicles annually. "We are grateful to be working with the Government of Canada. Today's announcement [...]
Electra Battery Materials Corp. announces an agreement with the holders of its senior secured debt that enhances the Company's financial flexibility. Under this agreement, lenders have agreed to defer all interest payments until February 15, 2027, allowing Electra to invest its capital towards completing its cobalt refinery rather than debt servicing. The agreement, entered into on March 5, 2025, covers all outstanding [...]
