Electra Battery Materials Corp (ELBM) Form 6-K — Aug 26, 2026
Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) has finalized definitive agreements with Invest Ontario, an agency of the Government of Ontario, for C$17.5 million in previously announced funding to support construction of its cobalt sulfate refinery in Temiskaming Shores, Ontario. Construction is advancing, with select commissioning activities targeted for the fourth quarter of 2026, mechanical completion in the second quarter of 2027, and commercial production in the fourth quarter of 2027.
Key figures
- Deal Value Usd
- C$17.5 million
- Commissioning Target
- Q4 2026
- Stock Options Granted
- 500000
- Supply Agreement Term
- approximately five years, through 2031
- Cobalt Feedstock Tonnes
- 10000
- Commercial Production Target
- Q4 2027
- Mechanical Completion Target
- Q2 2027
- Crystallizer Nameplate Capacity Tonnes
- 6500
- Initial Capacity Tonnes Contained Cobalt
- 5120
AI analysis
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