Electra Battery Materials Corporation announced 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 5% 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).
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Apr. 02 | Electra Battery Materials Up 1.6% as it Secures Cobalt Supply From Eurasian Resources Group | MT |
Apr. 02 | Electra Battery Materials Secures Cobalt Supply From Eurasian Resources Group | MT |
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