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.
Electra (NASDAQ: ELBM) ha emesso una grande SMPEI gara il 10 novembre 2025 per avanzare la costruzione completa del suo impianto di solfato di cobalto a Temiskaming Shores, Ontario. Il pacchetto comprende meccanica, tubazioni, elettrico, strumentazione e collegamenti alle utilities e segnala una transizione dai lavori iniziali a una mobilitazione continua della costruzione. L'azienda ha dichiarato che l'ingegneria e gli acquisti sono ben avanzati, la maggior parte delle attrezzature a lungo lead è sul posto, e un Construction Reactivation Program è in corso supportato da finanziamento di progetto. L'ambito oggetto dell'appalto è finalizzato a consentire l'integrazione di sistema prima di un commissioning nel 2027 mirato.
Electra (NASDAQ: ELBM) emitió una importante licitación SMPEI el 10 de noviembre de 2025 para acelerar la construcción completa de su refinería de sulfato de cobalto en Temiskaming Shores, Ontario. El paquete cubre mecánica, tubería, eléctrica, instrumentación y conexiones de utilidades y señala una transición desde las obras iniciales hacia una movilización sostenida de la construcción. La empresa dijo que la ingeniería y las compras están muy avanzadas, la mayoría de los equipos de larga entrega ya están en el lugar, y está en marcha un Construction Reactivation Program apoyado por financiamiento del proyecto. El alcance licitado tiene como objetivo permitir la integración del sistema antes de un comisionamiento previsto para 2027.
Electra (NASDAQ: ELBM)은 2025년 11월 10일 코발트 황산염 제련소의 전면 건설을 추진하기 위한 대규모 SMPEI 입찰을 발표했습니다. 이 패키지는 기계, 배관, 전기, 계장 및 유틸리티 연결을 포함하며 초기 작업에서 지속적인 건설 동원으로의 전환을 시사합니다. 회사는 엔지니어링과 조달이 충분히 진척되었고, 대부분의 장기 리드 장비가 현장에 있으며, 프로젝트 파이낸싱으로 뒷받침되는 Construction Reactivation Program이 진행 중이라고 말했습니다. 입찰 범위은 목표된 2027년 시운전 이전 시스템 통합을 가능하게 하기 위한 것입니다.
Electra (NASDAQ: ELBM) a lancé une importante adjudication SMPEI le 10 novembre 2025 pour faire avancer la construction complète de sa raffinerie de sulfates de cobalt à Temiskaming Shores, Ontario. Le lot couvre la mécanique, la tuyauterie, l'électricité, l'instrumentation et les raccordements utilitaires, et signale une transition des travaux préliminaires vers une mobilisation soutenue de la construction. L'entreprise a indiqué que l'ingénierie et les achats sont bien avancés, la plupart des équipements à délai long sont sur site, et un Construction Reactivation Program est en cours, soutenu par un financement du projet. Le périmètre mis en adjudication vise à permettre l'intégration du système avant une mise en service prévue en 2027.
Electra (NASDAQ: ELBM) hat am 10. November 2025 eine bedeutende SMPEI-Ausschreibung veröffentlicht, um den vollständigen Bau ihrer Kobaltsulfat-Raffinerie in Temiskaming Shores, Ontario voranzutreiben. Der Auftrag umfasst Mechanik, Rohrleitungen, Elektrik, Instrumentierung und Versorgungsverbindungen und signalisiert den Übergang von Early-Works zu einer nachhaltigen Baumobilisierung. Das Unternehmen sagte, dass Engineering und Beschaffung gut fortgeschritten sind, die meisten Langliefergeräte vor Ort sind und ein Construction Reactivation Program mit Projektfinanzierung läuft. Der ausgeschriebene Umfang zielt darauf ab, die Systemintegration vor einem anvisierten Inbetriebnahme im Jahr 2027 zu ermöglichen.
Electra (NASDAQ: ELBM) أصدرت مناقصة كبيرة SMPEI في 10 نوفمبر 2025 للمضي قدمًا في البناء الكامل لمصنع كبريتات الكوبالت في Temiskaming Shores, Ontario. تغطي الحزمة الميكانيك والأنابيب والكهرباء والقياس واتصالات المرافق وتشير إلى الانتقال من الأعمال الأولية إلى تعبئة مستمرة للبناء. قالت الشركة إن الهندسة والمشتريات متقدمة إلى حد جيد، معظم معدات فترات الانتظار الطويلة موجودة في الموقع، ويتم تنفيذ برنامج إعادة تشغيل الإنشاء مدعومًا ب تمويل المشروع. النطاق المتعاقد عليه يهدف إلى تمكين تكامل النظام قبل تشغيله المستهدف في عام 2027.
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TORONTO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), a leader in advancing North America’s critical minerals processing, announces the issuance of a major mechanical, piping, electrical and instrumentation (“SMPEI”) tender package as part of its refinery construction works in Temiskaming Shores, Ontario. The issuance of this tender marks another important milestone as Electra transitions from early works to full construction mobilization.
The tender covers the installation of critical processing systems at what will be North America’s first cobalt sulfate refinery. The scope includes structural, mechanical, piping, electrical, instrumentation and utility connections, core elements required to physically integrate the refinery’s key systems. Issuing the SMPEI tender reflects the Company's readiness to advance into sustained construction activity following extensive engineering and procurement.
“Tendering the SMPEI package paves the way for full construction activities,” said Paolo Toscano, Vice President, Projects & Engineering. “With engineering and procurement well advanced, we remain focused on safely executing installation activities that will move us closer to commissioning.”
The Company recently commenced its Construction Reactivation Program at the site, supported by project financing, permitting, and with the majority of long-lead equipment procurement completed. With core infrastructure already in place and major components on site, the tendered work will enable the integration and installation of the refinery’s mechanical systems ahead of its targeted commissioning in 2027.
About Electra Battery Materials
Electra is a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries. The Company’s primary focus is constructing North America’s only cobalt sulfate refinery, as part of a phased strategy to onshore critical minerals refining and reduce reliance on foreign supply chains. In addition to the Refinery, Electra holds a significant land package in Idaho’s Cobalt Belt, including its Iron Creek project and surrounding properties, positioning the Company as a potential cornerstone for North American cobalt and copper production.
Electra is also advancing black mass recycling opportunities to recover critical materials from end-of-life batteries, while continuing to evaluate growth opportunities in nickel refining and other downstream battery materials. For more information, please visit www.ElectraBMC.com.
Contact
Heather Smiles
Vice President, Investor Relations & Corporate Development
Electra Battery Materials
info@ElectraBMC.com
1.416.900.3891
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This news release may contain forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”. Forward-looking statements are based on certain assumptions, and involve risks, uncertainties and other factors that could cause actual results, performance, and opportunities to differ materially from those implied by such forward-looking statements. Among the bases for assumptions with respect to the potential for additional government funding are discussions and indications of support from government actors based on certain milestones being achieved. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the management discussion and analysis and other disclosures of risk factors for Electra Battery Materials Corporation, filed on SEDAR+ at www.sedarplus.com and with EDGAR at www.sec.gov. Other factors that could lead actual results to differ materially include changes with respect to government or investor expectations or actions as compared to communicated intentions, and general macroeconomic and other trends that can affect levels of government or private investment. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
FAQ
What did Electra (ELBM) announce on November 10, 2025 about its Temiskaming Shores refinery?
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