Spotlight: Energy Transition Metals
Energy transition metals have never been as critical as they are today. Here’s a look at four companies seeking to reduce North America’s reliance on critical minerals from China…
Electra Battery Materials
ERG earmarks $1B for Kazakhstan operations
Eurasian Resources Group (ERG) plans to invest more than $1 billion in its mining and metallurgical assets in Kazakhstan, the largest investment in ERG’s projects…
Electra restarts construction at Ont. cobalt refinery
Electra Battery Materials (TSX-V, Nasdaq: ELBM) said it’s resumed construction at its Ontario cobalt sulfate refinery after securing about $82 million (C$115 million) in project…
Electra ‘fully funded’ to build Ontario cobalt refinery
Electra Battery Materials (Nasdaq, TSXV: ELBM) says it’s now fully funded to complete the construction and commissioning of what would be the first cobalt sulphate…
Government equity in miners becomes U.S. norm
The Trump administration is ratcheting up government ownership in mining companies that are nominally Canadian, raising questions about whether Ottawa plans similar investments. Trump has…
Electra seeks cash for stalled cobalt refinery
Electra Battery Materials (Nasdaq, TSXV: ELBM) says it is restructuring its finances to complete what may be North America’s first cobalt sulphate refinery. The battery…
Funding propels Fortune closer to NWT bismuth decision
Cross-border government aid is helping Canada’s Fortune Minerals (TSX: FT) approach a construction decision next year on its main Nico cobalt-gold-bismuth-copper deposit in the Northwest…
Poilievre vows 6-month Ring of Fire OK
Canadian opposition leader Pierre Poilievre says he would give federal approval for the contentious Ring of Fire development in northern Ontario within months if he…
DRC export ban fails to rocket cobalt
The cobalt market was mixed this week after the Democratic Republic of Congo, the world’s top producer, banned exports for four months to spur the…
Electra Battery lands US$5M for cobalt refinery early works
Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) has secured a US$5-million financing from its existing lenders that would allow it to start certain early works…
Electra teams with Ontario First Nations investment firm on battery recycling
Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) has launched the Aki Battery Recycling joint venture with Indigenous economic development firm Three Fires Group to find…
Electra shares up on US$20M funding bid for Ontario cobalt refinery
Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) said on Tuesday it has received a US$20 million investment proposal from an unnamed arm’s-length party, matching the…