EV

Electra Battery Materials eyes expansion before Ontario cobalt refinery even opens

Electra Battery Materials plant aerial shot
As automakers pile into the EV market and consumer demand picks up, Electra is looking to scale up its cobalt sulfate capacity accordingly. (SUPPLIED PHOTO)
November 07, 2022 02:05 PM

Electra Battery Materials Corp.’s new cobalt refinery in Northern Ontario will not open until spring, but after inking a supply agreement with the world’s second-largest battery cell manufacturer this fall, the upstart mineral processor is already eying expansion.

Staying current is easy with newsletters delivered straight to your inbox.