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Electra Battery Materials, Three Fires advance Aki Battery joint venture

Electra Battery Materials (ELBM) and the Three Fires Group announced significant progress on the Aki Battery Recycling joint venture, the first Indigenous-led lithium-ion battery recycling initiative in Canada. Since launching the joint venture in 2024, key milestones and strategic developments include: Formal establishment of Canada’s first Indigenous-led lithium-ion battery recycling venture, with Reggie George appointed as President and Andre Marais as Director of Strategy & Corporate Development. Shortlisting of technology partners following site visits and comprehensive due diligence on advanced battery recycling platforms. Ongoing engagement with government partners to secure funding for a bankable feasibility study. Evaluation of prospective sites, with plans to co-locate or near-locate the facility alongside lithium-ion battery manufacturers and on or near First Nations lands to maximize regional impact. Integration with Electra’s hydrometallurgical refinery, enabling local processing of black mass into battery-grade materials for OEMs, establishing a fully Canadian closed-loop supply chain.

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