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Electra Restarts Construction and Reports 2025 Financial Results Electra (NASDAQ: ELBM) restarted full construction of its permitted cobalt sulfate refinery after a 2025 recapitalization. The Board approved a US$73 million construction budget; US$82 million of funding was arranged, including US$20 million from the U.S. Department of War and US$34 million equity.Early works completed; commissioning is expected Q4 2026, mechanical completion targeted Q2 2027, and commercial production anticipated Q4 2027. Cash was C$39 million at Dec 31, 2025 and about C$41 million currently.

#ELBM Electra Restarts Construction and Reports 2025 Financial Results

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Electra Provides Construction Progress Update on North America’s Only Cobalt Sulfate Refinery Electra (NASDAQ: ELBM) provided a construction update for its cobalt sulfate refinery in Ontario, targeting mechanical completion in Q2 2027 and commissioning beginning in late 2026. The Board approved a US$73 million construction budget. Procurement and installation are progressing, with ~C$1.9 million in recent equipment and installation awards. The project aims to be North America’s only battery-grade cobalt sulfate facility. The company also received a Nasdaq notice for not meeting the US$1.00 minimum bid price and has until Sept 14, 2026 to regain compliance.

#ELBM Electra Provides Construction Progress Update on North America’s Only Cobalt Sulfate Refinery

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Electra and LG Energy Solution Update Multi-Year Cobalt Supply Agreement Electra (NASDAQ: ELBM) announced a binding term sheet with LG Energy Solution to update long‑term offtake for battery‑grade cobalt from Electra’s Ontario refinery, dated March 6, 2026. The deal covers a firm commitment for 60% of cobalt sulfate production through 2029 with an option to extend to 2032.Electra approved a US$73 million construction budget in Feb 2026, targets selective commissioning in Q4 2026, production ramp in 2027 and commercial production in Q4 2027. Nameplate capacity is 5,120 tpa contained cobalt (crystallizer up to 6,500 tpa).

#ELBM Electra and LG Energy Solution Update Multi-Year Cobalt Supply Agreement

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Electra Provides Update on Refinery Project Progress Electra (NASDAQ: ELBM) provided a construction update for North America’s first cobalt sulfate refinery, targeting 2027 commissioning. Exterior pipe racks linking the leach plant, solvent extraction building and crystallizer are complete. Current work focuses on civil, structural, concrete and tankage installation, plus new parking, power services and site offices.The company says construction financing and permits are in place, most long‑lead equipment is secured, and procurement and contractors are engaged to refine the project budget and schedule ahead of mechanical installation.

#ELBM Electra Provides Update on Refinery Project Progress

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Battery metals company sets up flexible US$5.5M stock sale plan Electra Battery Materials launches a US ATM program to sell up to US$5.5M in shares via Wainwright, paying a 3% commission under an effective Form F-3.

#ELBM Electra Establishes At-The-Market Offering

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Electra Signs Agreement with North American pCAM Company Electra (NASDAQ: ELBM) signed a Supply Chain Cooperation Agreement with Positive Materials to evaluate integrating Electra’s planned North American battery‑grade cobalt sulfate with Positive’s commercial precursor cathode active material (pCAM) operations under Project Positive+.The partnership targets technical and commercial alignment, product specification matching, and downstream processing pathways to support North American and European battery and energy storage customers. Electra noted existing offtake with LG Energy Solution and is in preliminary discussions to broaden refinery customers. The companies will evaluate integration in Belledune, New Brunswick and emphasize domestic, ethically sourced supply chains.

#ELBM Electra Signs Agreement with North American pCAM Company

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Electra Files Third Quarter 2025 Financial Reports Electra (NASDAQ: ELBM) filed Q3 2025 results and reported progress toward building North America’s first cobalt sulfate refinery in Temiskaming Shores, Ontario. Key financings and support include a US$34.5 million equity financing, a US$13 million (C$17.5M) Ontario term sheet, and prior commitments of US$20M from the U.S. Department of Defense and US$15M (C$20M) from Canada, totaling US$48M of government support. The company reduced debt to approximately US$28M, had C$3M cash at Sept 30, 2025, began North American feedstock testing, added three board members, and reactivated construction after arranging an US$82M funding package in November.

#ELBM Electra Files Third Quarter 2025 Financial Reports

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Electra Moves Cobalt Refinery Build Forward with Major Construction Tender Electra (NASDAQ: ELBM) issued a major SMPEI tender on Nov 10, 2025 to advance full construction of its cobalt sulfate refinery in Temiskaming Shores, Ontario. The package covers mechanical, piping, electrical, instrumentation and utility connections and signals a transition from early works to sustained construction mobilization. The company said engineering and procurement are well advanced, most long-lead equipment is on site, and a Construction Reactivation Program is underway supported by project financing. The tendered scope is intended to enable system integration ahead of a targeted 2027 commissioning.

#ELBM Electra Moves Cobalt Refinery Build Forward with Major Construction Tender

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Electra Names Paolo Toscano Vice President, Projects and Engineering to Oversee Construction of North America’s First Cobalt Sulfate Refinery Electra (NASDAQ: ELBM) appointed Paolo Toscano as Vice President, Projects and Engineering, effective immediately, to oversee construction and commissioning of North America’s first cobalt sulfate refinery in Temiskaming Shores, Ontario.The company said Toscano brings 30+ years of mining and metallurgical project experience. Electra also announced it will not proceed with a previously approved reverse split at this time, while the board retains future discretion. Electra granted long-term incentives: 2,669,000 options, 179,000 RSUs, and 271,000 DSUs; options exercisable for three years at C$1.97 and subject to TSXV approval.

#ELBM Electra Names Paolo Toscano Vice President, Projects and Engineering to Oversee Construction of North America’s First Cobalt Sulfate Refinery

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Electra Advances Idaho Cobalt-Copper Assets as Cornerstone of America’s Critical Minerals Independence Electra (NASDAQ: ELBM) launched a new program to advance geological modelling and feedstock integration at its Iron Creek cobalt-copper project in Idaho while resuming construction at a fully financed North American cobalt refinery. Bench-scale tests will evaluate North American polymetallic sulfide feedstocks; a CASERM partnership will expand SWIR hyperspectral scanning across drill holes to refine targets. Electra holds 10-year permits for 91 drill pads and plans a spring 2026 drilling restart; refinery commissioning is targeted for 2027.

#ELBM Electra Advances Idaho Cobalt-Copper Assets as Cornerstone of America’s Critical Minerals Independence

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VIDEO - CEO Clips Electra Battery Materials: Cobalt Refining Comes Home Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) announced on October 23, 2025 that it is advancing plans to complete North America's first battery-grade cobalt sulfate refinery. The company said permits are secured, construction activities have resumed, and it has secured over US$78 million in combined funding from government partners and recent financing.Electra positions the project as a domestic supplier of battery materials to reduce dependence on offshore cobalt processing and to strengthen North America's battery supply chain amid heightened geopolitical and industrial urgency.

#ELBM VIDEO - CEO Clips Electra Battery Materials: Cobalt Refining Comes Home

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Electra Completes Financing and Debt Restructuring, Fully Funding North America’s First Cobalt Sulfate Refinery Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM), a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries, today announced the closing of its US$34.5 million financing and US$40 million debt

#ELBM Electra Completes Financing and Debt Restructuring, Fully Funding North America’s First Cobalt Sulfate Refinery

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Just In: ( NASDAQ: #ELBM ) Lithium Battery Stock Electra Battery Materials Corporation (NASDAQ: ELBM) (TSX-V: ELBM) Gains over 300% as Critical Minerals / Rare Earth Metals Sector Heats Up

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Trade Alerts, Monday October 13, 2025 – Crystal Equity Research

Small-cap stocks with strong volume gains, Mon Oct 13th - #TACO #QH #PACH #NAMM #MTEX #LGO #IZEA #GTI #FGL #ELBM #CEPF #BEAG #AQMS #WTI #TG #NMG #NEXA #GWH #CODI #CHN - More: crystalequityresearch.com/trade-alerts... - #smallcap

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Just In: ( NASDAQ: #ELBM ) Rare Earths, Real Estate & Quantum Heat Up the Close

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NEWS: ( NASDAQ: #ELBM ) Spider Silk, Spines, and Satoshi - Innovation Headlines Today's Movers

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PRISM MarketView M☀️rning M☀️vers:
Top Gainers
#PMAX up + 117%
#QNRX up +151%
#GWM up +141%
#ELBM up +65%
Top Decliners
#TVRD down -87.7%
#BYND down -54.9%

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Voting Notice for Shareholders Amid Canada Post Strike Electra Battery Materials (NASDAQ: ELBM) warns that the ongoing Canada Post strike has disrupted mailing of its Meeting Materials for the Annual General and Special Meeting. Shareholders are urged to obtain control numbers and vote online before the deadline. The Meeting is set for October 15, 2025 and votes must be received by 10:00 a.m. ET on October 10, 2025. Shareholder approval is being sought for restructuring transactions and board elections including Gerard Hueber and Jody Thomas. Contact details and voting instructions are provided.

#ELBM Voting Notice for Shareholders Amid Canada Post Strike

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$41.3M Debt Conversion: Electra Battery Materials Advances North America's First Cobalt Sulfate Refinery Electra Battery Materials to convert $41.3M of convertible notes to equity, reducing debt to $27.5M. Restructuring includes 55M unit offering at $0.75/unit with 3-year warrants at $1.25.

#ELBM Electra Provides Update on Restructuring Terms to Advance Completion of Cobalt Refinery

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Electra Announces Terms of US$30 Million Brokered Private Placement for Completion of Refinery Construction Electra Battery Materials (NASDAQ: ELBM) has announced terms for a US$30 million brokered private placement to support its ongoing financial restructuring. The offering includes a minimum of 40 million units at US$0.75 per unit, with each unit comprising one common share and one purchase warrant exercisable at US$1.25.The financing, supported by a US$10 million conditional commitment from Lenders, will primarily fund the completion of North America's first battery-grade cobalt sulfate refinery in Temiskaming Shores, Ontario. The offering is expected to close around October 15, 2025, subject to shareholder approval and regulatory clearances.Proceeds will also advance the company's black mass recycling program, repay US$2 million in promissory notes, and support working capital needs. If proceeds exceed US$34.5 million, excess funds will be used to repurchase senior secured convertible notes.

#ELBM Electra Announces Terms of US$30 Million Brokered Private Placement for Completion of Refinery Construction

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Electra Signs Term Sheet with Ontario for C$17.5 Million as Part of C$100 Million Cobalt Refinery Investment Electra Battery Materials (NASDAQ: ELBM) has secured a term sheet for C$17.5 million in proposed funding from Invest Ontario for its cobalt sulfate refinery construction in Temiskaming Shores. The facility, requiring a total investment of C$100 million, will be North America's first dedicated battery-grade cobalt sulfate refinery with an annual production capacity of 6,500 tonnes, enough to support 1 million electric vehicles.The project has garnered significant government support, including a US$20 million award from the U.S. Department of Defense, with total potential government funding reaching US$48 million. The company is implementing a restructuring plan targeting ~60% reduction in convertible debt and a US$30 million equity raise. The facility will create over 50 new jobs and serve as a foundation for future battery materials initiatives.

#ELBM Electra Signs Term Sheet with Ontario for C$17.5 Million as Part of C$100 Million Cobalt Refinery Investment

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Electra Launches Debt-to-Equity Conversion and US$30 Million Financing with Lender Support to Advance North America’s First Battery Grade Cobalt Refinery Electra Battery Materials (NASDAQ: ELBM) has announced a comprehensive financial restructuring plan including a debt-to-equity conversion and a US$30 million financing initiative. The company will convert approximately US$40 million of its outstanding Notes into equity at US$0.60 per share, reducing total debt by 60% to about US$27 million.The financing package includes a US$30 million Unit offering at US$0.75 per Unit, with each Unit comprising one common share and one warrant exercisable at US$1.25. The Lenders have committed US$10 million to this financing and are providing a US$2 million bridge loan. The restructuring will allow Electra to advance North America's first cobalt sulfate refinery, strengthening domestic battery materials supply chains.

#ELBM Electra Launches Debt-to-Equity Conversion and US$30 Million Financing with Lender Support to Advance North America’s First Battery Grade Cobalt Refinery

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North America's First Cobalt Sulfate Refinery: Electra Battery Advances Construction, Eyes Recycling Expansion Electra Battery Materials initiates early works at its cobalt refinery, completes recycling facility study, and advances Indigenous partnership. Cash position C$3M with debt discussions ongoing.

#ELBM Electra Files Second Quarter 2025 Financial Reports

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Electra Unlocks Domestic Cobalt Processing Breakthrough for Critical Battery Materials Supply Chain Electra tests innovative processing for domestic cobalt sources, targeting North American battery supply independence. Key partnership with LG Energy Solution. See development timeline.

#ELBM Electra Begins Testing North American Feedstock for Cobalt Refinery

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$ELBM
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Electra Commences Early Works to Support Restart of North America’s Only Cobalt Refinery Electra Battery Materials (NASDAQ: ELBM) has initiated an early works program at its cobalt refinery near Toronto, marking a significant step toward restarting North America's only cobalt refinery. The C$750,000 program focuses on preparing the solvent extraction (SX) facility and includes relocating equipment, pouring concrete bases, and completing structural roofing work. This follows a previous C$200,000 investment in site infrastructure. The project is partially funded by a US$20 million U.S. Department of Defense award and support from Canada's Strategic Innovation Fund. The initiative demonstrates Electra's commitment to establishing a domestic battery materials supply chain and follows a temporary construction pause in 2023. The company is actively working to secure the remaining financing needed for full commercial operation of its battery-grade cobalt sulfate refinery.

#ELBM Electra Commences Early Works to Support Restart of North America’s Only Cobalt Refinery

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Indigenous-Led Battery Recycling Breakthrough: How Canada Plans to Recycle 30,000 Tonnes of EV Battery Waste Discover how this groundbreaking Indigenous-led venture will transform Canada's EV battery recycling landscape, creating a closed-loop supply chain. See expansion plans.

#ELBM Electra and Three Fires Group Advance Canada’s First Indigenous-Led Battery Recycling Venture

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Critical Minerals Recycling: How Electra's New Facility Could Transform North American Battery Supply Chain New feasibility study reveals Electra's innovative lithium-ion battery recycling process, partnering with Indigenous venture for domestic critical minerals supply. Learn more.

#ELBM Electra Completes Feasibility Level Study on Battery Recycling Facility

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