Electra Battery Materials Corp (ELBM) Form 6-K — Oct 13, 2026

Electra Battery Materials signed a non-binding term sheet with WMC Group AG for a five-year working-capital and commercial partnership supporting its Canadian cobalt sulfate refinery. WMC will finance cobalt feedstock purchases, manage logistics, and act as buyer and exclusive marketing agent for cobalt sulfate production up to the refinery's nameplate capacity, complementing Electra's existing supply arrangement with LG Energy Solution. WMC has also committed to make an investment in Electra upon execution of definitive agreements, though completion remains subject to due diligence, regulatory and creditor approvals, and definitive documentation.

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