Electra Refinery Construction Remains on Budget as Workforce Doubles
Electra Battery Materials' cobalt sulfate refinery in Temiskaming Shores, Ontario remains on budget at US$73 million, with the site workforce doubling to 130 from roughly 60 since the August update. Construction has shifted to equipment installation and enclosure work, with zero lost-time incidents, though schedule pressure has emerged around FRP process piping fabrication in the solvent extraction area; management expects any schedule adjustment to be modest.
Key figures
- Site workforce
- 130
- Prior workforce
- 60
- Feed secured pct
- 100% of cobalt hydroxide feedstock through 2027, supply through 2031
- Construction budget usd
- 73000000
- Production committed pct
- approximately 60% of cobalt sulfate production through 2029
- Cobalt sulfate output tpy
- 5120
- Feed processing capacity tpy
- 18000
- Tailings civil works complete
- 40%
AI analysis
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