Electra Battery Materials Corp (TSE:ELBM) has released an update.
Electra Battery Materials Corp has partnered with Indigenous-owned Three Fires Group to form Aki Battery Recycling, a joint venture aimed at recycling lithium-ion battery waste to recover critical minerals for new batteries. The venture will help reduce the electric vehicle (EV) supply chain’s carbon footprint and lessen dependence on foreign mineral sources. A new facility in Southern Ontario will be the heart of this eco-friendly initiative, addressing the urgent need for sustainable battery waste management.
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