The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Electra Battery Materials Corp. is making headway on upgrades and expansions of North America's only battery-grade cobalt refinery, the centerpiece of an emerging eco-industrial park in Ontario that will supply battery materials to the lithium-ion battery and electric vehicle plants in North America. Electra's cobalt refinery is a hydrometallurgical facility that previously operated in Ontario for a decade. Since acquiring this asset, the company has been advancing a strategy...
Above and beyond its agreement to sell cobalt hydroxide feed material to Electra Battery Materials Corp., Glencore has signed a five-year tolling contract for the use of Electra's refinery in Ontario to upgrade additional cobalt hydroxide into battery-grade cobalt. Glencore has been a strong supporter of Electra for a number of years, funding the initial engineering studies and providing technical input as the Canada-based company advanced development of its First Cobalt...
As it advances the development of a lithium-ion battery materials park centered on its cobalt refinery in Ontario, Electra Battery Materials Corp. is considering the potential of building a second similar facility in a battery materials park being developed near the town of Becancour in the neighboring province of Quebec. "Given a forecasted deficit in domestic cobalt sulfate production by 2025, we have received significant interest from industry and government stakeholders...
With its lithium-ion battery materials park in Canada on pace to begin ramping up production in phases beginning at the end of this year, Electra Battery Materials Corp. continues to expand a cobalt deposit in Idaho that could provide the United States with an environmentally sound and socially acceptable domestic supply of this metal critical to electric vehicle batteries. "At a time of heightened geopolitical risk, America has committed to securing a domestic supply of...
With mining giant Glencore AG agreeing to buy the nickel and cobalt recycled from spent lithium-ion batteries over the next two years, Electra Battery Materials Corp.'s vision of developing an eco-industrial park in Ontario that serves as a one-stop-shop for the materials needed for the batteries powering 1.5 million electric vehicles per year is one step closer to reality. The Electra Battery Materials Park is being developed around the company's cobalt refinery about 250...
Ontario has developed a mines-to-market critical minerals strategy that leverages rich stores of critical minerals in the northern reaches of the Canadian province, the already well-established mining sector found there, and the robust manufacturing sector that has been developed in the south. "The Critical Minerals Strategy is our government's blueprint to connect industries, resources and workers in our province's north to the future of manufacturing in the south as we...
Intrigued by Electra Battery Materials Corp.'s vision of developing a hydroelectric-powered battery materials park in Ontario, Talon Metals Corp. has joined a partnership that will investigate the potential of using this emerging Canadian facility to upgrade nickel produced at its coming Tamarack Mine in Minnesota into the battery-grade nickel sulfate needed for the lithium-ion batteries powering electric vehicles. This partnership, which also includes the Ontario government a...
In another step toward realizing its vision of establishing a lithium battery materials park at its First Cobalt refinery in Ontario, Electra Battery Materials Corp. is putting in motion a plan to begin recycling lithium, nickel, cobalt, copper, and graphite from the black mass produced from recycled lithium-ion batteries. "With our existing facility in Canada, Electra can be the first recycler to establish a closed-loop supply of battery materials, making electric vehicles...
The ambitious 2035 target for a complete transition to electric vehicle sales set by most global automakers hinges on establishing reliable and responsible supply chains for the batteries that will power this envisioned electric mobility future. To help meet the burgeoning EV sector's battery material needs, First Cobalt Corp. is moving forward with an integrated battery refining, recycling, and manufacturing park in Ontario. "We see serious strains in the automotive supply...
