Electra Battery Materials Corp (ELBM) Form 6-K — Oct 26, 2026
Electra Battery Materials reported that construction of its cobalt sulfate refinery in Temiskaming Shores, Ontario remains on budget at US$73 million, with the site workforce doubling to 130 people from roughly 60 since the August update. Work has shifted from foundations and steel erection to equipment installation and building enclosure across all process areas, with zero lost-time incidents. Tailings facility Phase II civil works are about 40% complete. Schedule pressure has emerged on fabrication and installation of FRP process piping in the solvent extraction area, though Electra expects any adjustment to be modest, with major permits in hand and long-lead equipment largely on site.
Key figures
- Budget
- US$73 million
- Workforce
- 130
- Feed Capacity
- 18,000 tonnes cobalt hydroxide per year
- Workforce Prior
- 60
- Cobalt Production
- 5,120 tonnes contained cobalt per year
- Feedstock Committed Through
- 2027
- Tailings Civil Works Complete
- 40%
- Offtake Committed Through2029
- 60% of planned cobalt sulfate production
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