Electra Battery Materials plans to start operations in 2024/25. Initially for a good 60,000 tonnes of the battery material per year.
In addition, the company says it is in talks to secure nickel for a planned nickel sulphate plant in the next growth step. The commissioning of a demonstration plant is planned for 2022 and the start of commercial processing of the “black mass” for 2023. By that time, an expanded hydrometallurgical battery recycling plant should also be capable of recycling 5,000 tonnes of cobalt. At the beginning of this is cobalt production: Currently, the company expects to begin producing cobalt sulphate at a “battery materials industrial park” in Ontario in the fourth quarter of 2022 on an existing but yet-to-be-modified facility. Not all immediately, however, but in line with a four-step growth plan. As part of the realignment, First Cobalt is renaming itself Electra Battery Materials.Įlectra Battery Materials (the name change is subject to shareholder approval) promises to make domestic battery-grade nickel and cobalt, recycled battery materials and precursor materials available locally to North American automakers. The Canadian company First Cobalt wants to build North America’s first factory complex for the production of battery materials specifically for electric vehicles. Batteries Canada cobalt Electra Battery Materials First Cobalt Nickel Ontario Resources USA
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