Electra Battery Materials Corp (TSE:ELBM) has released an update.
Electra Battery Materials Corp has announced a proposal for a strategic $20 million investment in its initiative to create North America’s first battery-grade cobalt refinery. While the company seeks to raise an additional $60 million for project completion, it has already garnered interest from government programs and strategic partners, including a significant purchase commitment from LG Energy Solution for its future production.
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