Electra Secures $20 Million from Canada to Build North America’s First Cobalt Refinery

Electra Battery Materials (TSXV: ELBM) has clinched a $20 million investment from the Government of Canada to advance its groundbreaking project in Temiskaming Shores, Ontario, establishing North America’s first battery-grade cobalt sulfate refinery. The funding, delivered through the Strategic Response Fund, will support the completion of construction and commissioning of the $99.4 million facility, with […] The post Electra Secures $20 Million from Canada to Build North America’s First Cobalt Refinery appeared first on the deep dive.