Funding And Financial SupportElectra Battery Materials has raised $82.0M, ensuring full funding for the construction and commissioning of its cobalt sulfate refinery.
Government And Strategic PartnershipsElectra Battery Materials announced that the firm had signed a term sheet for C$17.5M in proposed funding from Invest Ontario, an agency of the Government of Ontario.
Supply Chain ExpansionThe agreement is expected to improve commercial visibility, reinforcing Electra’s positioning within the emerging North American market.