The Elements of Innovation Discovered
The Elements of Innovation Discovered
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DOD and NRCan invest in advancing Fireweed Metals' Mactung mine project, supporting North America's critical mineral needs. In a strategic bid to establish secure and reliable North American supplies of minerals critical to defense and the broader economy, the U.S. Department of Defense and Canadian government are jointly investing up to US$27.3 million (C$35.4 million) to aid Fireweed Metals Corp. in advancing the Mactung tungsten mine project in eastern Yukon toward a final...
Receives 10-year federal permit to expand upon deposits within the famed Idaho Cobalt Belt. With a federal 10-year exploration permit in its pocket, Electra Battery Materials Corp. has the flexibility and time to thoroughly evaluate its Idaho Cobalt Belt properties, which host some of the only potential primary sources of cobalt outside the Democratic Republic of Congo. So far, Electra has outlined 4.5 million metric tons of indicated resource averaging 0.19% (18.4 million pou...
New venture aims to recover critical minerals from lithium-ion batteries, reducing waste and carbon emissions while supporting sustainable development in Ontario. In a strategic move to tackle the environmental and supply chain challenges posed by battery waste, Electra Battery Materials Corp. and Indigenous-owned Three Fires Group have launched Aki Battery Recycling, a joint venture focused on producing black mass through responsible recycling of lithium-ion battery scrap....
Will the controversial metal find its place in green tech? About 30 years ago, nobody thought much about cobalt. Today, this metal, with myriads of uses, is one of those elements that gets dragged into the spotlight due to the role it plays in electric vehicle batteries, with critics citing the disparity between the environmental and social costs of producing cobalt and the green tech solutions this critical metal enables. But we can't build a clean energy future without...
Import-reliance a top concern for national security officials. America's heavy reliance on China and others for the minerals and metals critical to the nation's economic competitiveness, military strength, and clean energy future is high on the list of strategic concerns for top brass at the U.S. departments of Defense and Homeland Security. While much of this concern is rooted in the fact that the United States' ability to defend its strategic interests at home and abroad...
DOD awards Electra Battery Materials $20 million to help bring online enough North American cobalt supply for 1 million EV batteries. As part of its mission to shore up reliable and sustainable supply chain minerals and metals critical to America's economy and security, the U.S. Department of Defense (DOD) has awarded Electra Battery Materials Corp. $20 million to complete the construction and commissioning of North America's only refinery capable of producing cobalt sulfate,...
Canada looks to support the development of company's proprietary battery materials recycling technology. To support advancing battery recycling technology, the Canadian government has awarded Electra Battery Materials Corp. C$5 million (US$3.6 million) to further develop its proprietary battery materials recycling process. Electra's battery material recycling facility is being developed alongside the company's battery-grade cobalt refinery, about 400 kilometers (250 miles)...
Inching closer to a fully operational battery recycling and refining facility, Electra Battery Materials Corp. has utilized the last year to meticulously streamline, optimize, and improve its battery recycling trial, as well as the recovery systems for lithium, nickel, cobalt, and other critical minerals at its Ontario complex in Canada. "Throughout this 12-month demonstration operation, our team has continued to refine and optimize the processes resulting in successive...
Embarking on the initial transformative steps toward sustainability along the supply chain, Electra Battery Materials Corp. announced the signing of a memorandum of understanding with Rock Tech Lithium Inc. for the development of a partnership to supply recycled lithium from Electra's Battery Materials Park in Ontario to then be upgraded to battery-grade lithium at Rock Tech refineries. "Partnering with Rock Tech, a leading lithium development company with assets in Europe...
From being the priciest and hardest-to-come-by, lithium-ion battery metal during the budding energy transition to a massive surplus and wavering demand, cobalt mining has had a nail-biting year as sales have stalled and prices have begun to fall (global benchmark cobalt prices have dropped by more than half since May of last year). Cobalt is a lustrous ferromagnetic metal with a high melting point used increasingly in renewable energy technologies, such as wind turbines and...
Inching closer to the completion of North America's first battery-grade cobalt sulfate refinery, Electra Battery Materials Corp. issued an update for potential stakeholders as it seeks to secure additional funding to complete this much-needed link in a future EV battery supply chain. Starting out the month with an announcement that it would continue its black mass recycling operations following an extremely successful trial that saw roughly 40 metric tons of black mass...
Based on the success of its battery recycling trial, which showed improved recoveries of critical battery elements, higher metal content, and reduced use of reagents, thus paving the way for a higher-quality final product for its customers, Electra Battery Materials Corp. is extending processing of black mass at its refinery complex in Ontario, Canada. "Results from our plant-scale black mass trial continue to exceed our expectations," said Electra Battery Materials CEO Trent...
Separating your plastics, paper, metals, and food waste has generally been a personal choice throughout most of modern recycling history. However, current demand for resources predicts we won't have enough to support net-zero carbon emissions by 2050. Hence, now is the best time for consumers to become educated and self-determined with their buying power, manufacturers to begin considering recycling as part of the initial design, and a new circular economy that resurrects a tr...
Still overshadowed by lithium but no less significant, cobalt falls within a unique category as a critical mineral not only for its properties but also for its controversial supply. As a fundamental component necessary for nickel-cobalt-manganese (NMC) lithium-ion batteries, cobalt warranted its place as a critical mineral vital to the zero-carbon transition due to the necessity of those batteries to power a clean, emission-free future. Its critical uses, however, go far...
As the only future cobalt sulfate supplier in North America, Electra Battery Materials Corp. has cut a deal to supply LG Energy Solution Ltd. with substantially more battery-grade cobalt than originally anticipated. Piggybacking off an agreement inked in late 2022, Electra will now supply LG Energy Solution with 3,000 metric tons of cobalt contained in a cobalt sulfate product in 2025 and an additional 4,000 metric tons in each of the following years through 2029 for a total...
Marking a historical moment for its endeavors to support the green energy transition, Electra Battery Materials Corp. announced its first shipment of recycled nickel-cobalt from its refinery complex north of Toronto, Canada. "The first customer delivery of product from our refinery marks another important milestone on the path to commercializing our black mass refining capabilities," said Electra Battery Materials CEO Trent Mell. Black mass, a material produced from shredding...
After signing a memorandum of understanding with First Nation-owned and operated Three Fires Group to form a joint centered focused on recycling lithium-ion battery waste, Electra Battery Materials Corp. announced a C$10 million (US$7.6 million) strategic investment by the First Nations group focused on generating prosperity for current and future generations. "Since announcing plans to form a battery recycling joint venture, we have had active discussions with Three Fires on...
Leading through example, Electra Battery Materials Corp. has signed a memorandum of understanding with First Nation-owned and operated Three Fires Group to form a joint venture focused on the recycling of lithium-ion battery waste, underpinned by Electra's proprietary black mass processing expertise. "We are excited by the opportunity to work with the Three Fires Group and solve a pressing challenge of the EV battery supply chain, namely how to recycle and repurpose battery...
Setting up in one of North America's fastest-growing lithium-ion battery development zones, Volkswagen Group has foreseen the potential and has opted to build its next gigafactory outside of Europe in the city of St. Thomas, Ontario. The St. Thomas factory is a joint venture between VW and PowerCo SE, a new independent company created by the automaker to oversee its massive $20 billion battery initiatives. With two other gigafactories currently in development, this latest...
Marking a significant milestone in its role as a leading electric vehicle battery recycler, Electra Battery Materials Corp. announced the successful recovery of technical-grade lithium carbonate from a black mass recycling trial conducted at its refinery north of Toronto, Canada. Black mass, the material remaining once expired lithium-ion batteries are shredded and all casings removed, typically consists of some mix of lithium, nickel, cobalt, manganese, copper, and graphite...
When Ontario unveiled its critical minerals strategy earlier this year, the idea was to leverage the rich mineral endowment in the northern reaches of the province and the established manufacturing in the south to attract investment from some of the biggest names along the electric vehicle supply chain. With LG Energy Solution, one of the world's largest lithium-ion battery companies, inking two deals to source battery-grade cobalt and lithium from the province, it seems that...
Becoming the frontrunner of battery recyclers, Electra Battery Materials Corp. announced that it has successfully completed the first plant-scale recycling of black mass material in North America, recovering critical metals such as nickel, cobalt, and manganese needed for the electric vehicles of the low-carbon future. Colloquially known as black mass, it is essentially the remains of pulverized lithium-ion battery anode and cathode materials. Imperative toward the...
Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion batteries and the electric vehicles they power, cobalt is being overshadowed by the enormous demand and price increases for the lithium and nickel that also go into the storage cells that deliver the "E" to the EV revolution. Cobalt, however, continues to be a vital ingredient that improves...
Develops strategy to be the world's critical minerals supplier of choice Understanding that the renewable energy and electric vehicle revolution offers a "generational opportunity for Canada and its world-class mining sector," Ottawa is leveraging the nation's wealth of critical minerals to become a powerhouse that feeds raw materials into resource-hungry clean energy and technology supply chains. "Canada's Critical Minerals Strategy will position Canada as the global supplier...
Toward its goal of building its inventory of the cobalt needed for the lithium-ion batteries powering electric vehicles, Electra Battery Materials Corp. has drilled a new zone of mineralization at its Iron Creek cobalt-copper project within the Idaho Cobalt Belt about 135 miles northeast of Boise. "Idaho could play an important role in the onshoring of the EV battery supply chain by providing a domestic supply of cobalt in America," said Electra Battery Materials CEO Trent Mel...
