Electra Battery Materials Corp

Electra Battery Materials Corp. engages in the acquisition, exploration, and development of mineral properties. Its project portfolio includes First Cobalt Refinery, Iron Creek, Greater Cobalt, and The Geology of Cobalt. The company was founded on July 13, 2011 and is headquartered Toronto, Canada.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), currently constructing North America's only cobalt sulfate refinery, today provided an update on its battery materials recycling trial, confirming improved recoveries of high-value elements, higher metal content in saleable products produced, and reduced use of reagents. Combined, the improvements pave the way for higher-quality customer products and improved economics for c.

Electra Extends Processing of Black Mass Material Based on Successes of Its Battery Recycling Trial

BHP Billiton

Glencore PLC

Anglo American PLC

Nickel spot prices were lower the last month. Nickel market news - The nickel market is expected to exceed USD 59.14 Billion by 2028, showing a 7.3% CAGR. Nickel company news - Huayou, Vale commit to Indonesian Huali MHP project. Nickel Industries raises A$942,700,000 for 19.99% equity investment by PT Danusa Tambang Nusantara.

Nickel Miners News For The Month Of September 2023

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announced today that it received a notice (“Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) on September 21, 2023 stating that the Company is not in compliance with the minimum bid price requirement ("Minimum Bid Requirement") of US$1.00 per share under Nasdaq's Listing Rule 5550(a)(2) based upon the closing bid price of the Company's common shares for the 30 consecutive.

Electra Receives NASDAQ Notice on Minimum Price Deficiency

The Metals Co

Umicore SA

Cobalt spot prices were flat for the month. LME inventory was about the same for the month. Cobalt market news - Fastmarkets: Low demand, oversupply weigh on cobalt market as the market shifts towards LFP batteries with no cobalt. S&P Global forecasts cobalt deficit in 2027. Cobalt miners news - CMOC could overtake Glencore with cobalt production boost. Huayou Cobalt, Vale commits to Indonesian Huali MHP project.

Cobalt Miners News For The Month Of September 2023

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) announced today that it has changed its auditors from KPMG LLP (“Former Auditor”) to MNP LLP, Chartered Professional Accountants (“Successor Auditor”) effective September 18, 2023. At the request of the Corporation, the Former Auditor resigned as the auditor of Electra effective September 14, 2023. Electra's Board of Directors appointed the Successor Auditor as the Corpor.

Electra Provides Notice of Change of Auditors

Nickel spot prices were lower the last month. Nickel market news - BHP: "Turning to the longer term, we believe that nickel will be a substantial beneficiary of the global electrification mega–trend." Nickel company news - Glencore announces US$1.2 billion share buyback program. Horizonte Minerals' Araguaia Nickel Project now 65% complete.

Nickel Miners News For The Month Of August 2023

Cobalt spot prices were flat for the month. LME inventory was flat for the month. Cobalt market news - Glencore considers reducing cobalt production or boosting inventory to support cobalt prices. Cobalt miners news - Trafigura's $600 million cobalt play faces a cash crunch in Congo. Jervois Global ‘moderates' Sao Miguel Paulista refinery restart; moves to re-align project portfolio.

Cobalt Miners News For The Month Of August 2023

Electra Battery Materials Corporation (ELBM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Electra Battery Materials Corporation (ELBM) Upgraded to Buy: Here's What You Should Know

Electra Battery Materials Corporation (NASDAQ:ELBM ) Q2 2023 Earnings Conference Call August 18, 2023 10:00 AM ET Company Participants Joe Racanelli - Vice President-Investor Relations Trent Mell - Chief Executive Officer Peter Park - Chief Financial Officer Mark Trevisiol - Vice President, Project Development Conference Call Participants Heiko Ihle - H.C. Wainwright Gordon Lawson - Paradigm Capital Inc. Jake Sekelsky - Alliance Global Partners Surya Sankarasubramanian - Red Cloud Securities Matthew O'Keefe - Cantor Fitzgerald Operator Thank you for standing by.

Electra Battery Materials Corporation (ELBM) Q2 2023 Earnings Call Transcript

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said it made progress with the first plant-scale recycling of black mass material in North America using its proprietary hydrometallurgical process in the second quarter of its financial year.  Releasing for the three months to June 30, 2023, the company said progress was marked by high recoveries of critical metals, including lithium, nickel, cobalt, copper, manganese, and graphite, needed for the EV battery supply chain, and the production of high-quality nickel-cobalt mixed hydroxide, graphite, and lithium carbonate products.

Electra Battery Materials prepares to accelerate black mass recycling strategy following 2Q progress

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today reported its financial results for the three- and six-month periods ended June 30, 2023, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial. All amounts are in Canadian currency unless otherwise stated. “Our recent efforts have been primarily focused on strengthening our balance sheet and updating our refinery project a.

Electra Reports Q2 2023 Results and Provides Update on Cobalt Refinery Project and Black Mass Recycling Trial

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has closed its previously announced brokered private placement and concurrent non-brokered private placement for total gross proceeds of $21.5 million, the company announced.  The company issued 15 million units at a price of $0.10 each, for proceeds of $16.5 million.

Electra Battery Materials closes $21.5M private placement to fund black mass recycling strategy

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced the close of its previously announced brokered private placement (the “Marketed Offering”) and concurrent non-brokered private placement (the “Non-Brokered Offering” and, together with the Marketed Offering, the “Offering”) for aggregate gross proceeds of $21.5 million, which includes the exercise of the full over-allotment option granted to the syndicate of A.

Electra Closes Private Placements for Gross Proceeds of $21.5 Million, Including Exercise of Over-Allotment Option

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said that due to significant investor demand, it has increased the brokered portion of its previously-announced private placement financing from $10 million to $15 million by selling up to 13,636,364 company units at a price of $1.10 per unit.  The company said the balance of the financing will be completed on a non-brokered private placement basis, which will be placed with holders of its senior secured convertible notes, to raise gross proceeds of $5.0 million on the same terms as the brokered portion.

Electra Battery Materials upsizes brokered private placement due to investor demand

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that due to significant investor demand, the Company has elected to reallocate a portion of its previously announced financing to increase the potential allocation of the brokered private placement (the “Marketed Offering”) from $10 million to $15 million. Under the revised Marketed Offering, the Company intends to sell up to 13,636,364 units of the Com.

Electra Announces Upsized Brokered Private Placement and Coincident Non-Brokered Placement for Gross Proceeds of up to $21.5 Million

MoneyLion

BlackRock MuniYield Pennsylvania Quality Fund

Cobalt spot prices were significantly higher for the month. LME inventory was unchanged for the month. Cobalt market news - "Most analysts predict supply will continue to exceed demand in 2023". LFP batteries extend dominance over NCM batteries in China. Cobalt miners news - Glencore H1, 2023 production of 21,700 tonnes of cobalt, up 5% YoY. CMOC agrees to pay Congo's Gecamines $800 million to end spat.

Cobalt Miners News For The Month Of July 2023

Electra Battery Materials (NASDAQ: ELBM ) stock is on the rise Tuesday as the company's shares continue to rally on a cobalt supply agreement. According to a press release from Electra Battery Materials, it has extended a supply agreement for battery-grade cobalt with LG Energy Solution.

Why Is Electra Battery Materials (ELBM) Stock Up 70% Today?

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said its battery-grade cobalt supply agreement with LG Energy Solution has been extended and expanded from terms initially announced in September 2022. “LG Energy Solution continues to strengthen its position as a global leader in the electric vehicle supply chain through its investments in Ontario and active collaboration with Canadian companies developing critical minerals and battery materials,” Trent Mell, CEO of Electra, said in a statement.

Electra Battery Materials extends battery grade cobalt supply agreement with LG Energy Solution

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) today announced that its battery grade cobalt supply agreement with LG Energy Solution (LGES; KRX: 373220), a leading global manufacturer of lithium-ion batteries, has been extended and expanded from terms initially announced in September 2022. Electra will now supply LG Energy Solution with 19,000 tonnes of battery grade cobalt over a five-year period beginning in 2025. The material will be.

Electra Enhances Terms of Cobalt Supply Agreement with LG Energy Solution

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has announced the first customer shipment of nickel-cobalt produced at its refinery complex north of Toronto from recycled battery material. The achievement marks a significant milestone in the company's efforts to commercialize its black mass refining capabilities.

Electra Battery Materials reports first customer shipment produced at refinery complex

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced the first customer shipment of nickel-cobalt produced at its refinery complex north of Toronto from recycled battery material. Using Electra's proprietary hydrometallurgical process, the nickel-cobalt mixed hydroxide precipitate product (“MHP”) was produced in the Company's black mass recycling trial currently underway at its permitted, low-carbon hydrometallu.

Electra Makes First Customer Shipment of Recycled Nickel-Cobalt Produced at its Refinery Complex

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has announced a private placement for gross proceeds of up to $10 million to advance its black mass recycling strategy and cobalt refinery. The company said in a statement that it has entered into an agreement with Red Cloud Securities as lead agent and sole bookrunner on behalf of a syndicate of agents for the sale of up to 9,090,909 units of the company at a price of $1.10 per unit.

Electra Battery Materials to raise up to $10M for cobalt refinery, black mass recycling

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that the Company has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner, on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a “best-efforts” private placement (the “Marketed Offering”) for the sale of up to 9,090,909 units of the Company (the "Units") at a price of $1.10 per Unit.

Electra Announces Brokered Private Placement for Gross Proceeds of up to $10 Million

Platinum Group Metals

Nickel spot prices were lower last month. Nickel market news - BMI forecasts a nearly 2 million tonne nickel supply gap by 2030 and says nickel requires the largest critical mineral investment of $66 billion. Nickel company news - Nickel Industries conditional 19.99% placement to PT United Tractors Tbk raises A$943m. Poseidon Nickel updated Black Swan disseminated Resource of 26.3Mt at 0.72% nickel.

Nickel Miners News For The Month Of June 2023

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said Three Fires Group Inc has committed to invest up to C$20 million in its battery materials park north of Toronto. The terms and figures of the strategic investment are expected to be confirmed after a review and the approval of Three Fires Group's shareholder First Nation and funding sources, and consultations with the federal and provincial governments.

News for Electra Battery Materials Corp Stock (ELBM)