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Electra Battery Materials Corporation - $ELBM STOCK NEWS

Welcome to our dedicated page for Electra Battery Materials Corporation news (Ticker: $ELBM), a resource for investors and traders seeking the latest updates and insights on Electra Battery Materials Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Electra Battery Materials Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Electra Battery Materials Corporation's position in the market.

Rhea-AI Summary
Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) appoints David Allen as Chief Financial Officer. The company is making progress on its battery supply chain onshoring strategy and financing plans for the continent's first cobalt sulfate facility. Completion of the financing package for construction of the cobalt refinery is a key deliverable in the new year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
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management
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Rhea-AI Summary
Electra Battery Materials Corporation (ELBM) announced the appointment of George Puvvada, Ph.D., P.Eng., PMP, as Vice President of Metallurgy and Technology. Dr. Puvvada brings 30 years of experience in developing effective flowsheets for recovering metals from complex formations and has worked with industry giants like Cameco, Xstrata, Vale, and Inco. His promotion is a testament to his success in leading the development of flowsheets for producing battery-grade cobalt sulfate and recycling black mass material to recover high-value elements, including nickel, cobalt, lithium, copper, and manganese. This move aligns with Electra's strategy to become the leading North American refinery of electric vehicle battery materials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
management
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Rhea-AI Summary
Electra Battery Materials Corporation (ELBM) announced the intention to amend the terms of 10,796,054 outstanding common share purchase warrants, reducing the exercise price to CAD$1.00 per Common Share and including an acceleration clause. The Proposed Amendments aim to align the terms of the Warrants with current market conditions and reduce potential dilution in Company capitalization.
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Rhea-AI Summary
Electra Battery Materials Corporation (ELBM) has signed a memorandum of understanding with Rock Tech Lithium (RCK) to supply recycled lithium for upgrading to battery-grade lithium chemicals. The partnership aims to create a sustainable closed-loop service for lithium-ion battery recycling, generating additional revenue and facilitating future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
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none
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Rhea-AI Summary
Rock Tech Lithium (RCK) signs partnership with Electra Battery Materials Corporation (ELBM) for recycling lithium, aiming to create a closed-loop sustainable solution for battery-grade lithium chemicals. The collaboration is expected to generate additional revenue for Electra and ensure a long-term supply for Rock Tech's lithium plants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
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none
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Rhea-AI Summary
Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) reported its Q3 2023 financial results, highlighting a $21.5 million equity financing, extended supply agreement with LG Energy Solution, and a joint venture MOU with Three Fires for battery waste recycling. The company aims to complete its black mass recycling trial and secure $60 million in funding for its cobalt refinery project. Progress was made in black mass material recycling and the first customer shipment of nickel-cobalt mixed hydroxide precipitate (MHP) was produced at the refinery complex. Electra also extended its cobalt supply agreement with LG Energy Solution and announced changes in auditors and non-compliance with Nasdaq's minimum bid price requirement.
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Rhea-AI Sentiment
End-of-Day
-2.13%
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Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) to Release Q3 2023 Financial Results and Host Conference Call on November 17, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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Rhea-AI Summary
Electra Battery Materials Corporation (ELBM) Postpones Conference Call and Webcast Due to Pending Third Quarter Results Release
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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Rhea-AI Summary
Electra Battery Materials Corporation (ELBM) to Release Q3 2023 Financial Results, Hosting Conference Call on November 15, 2023. Dial-in and Webcast Details Included
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
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Rhea-AI Summary
Electra Battery Materials Corporation announced the voting results of its annual general and special meeting of shareholders. Shareholders voted in favor of all items of business put forth at the meeting, including the appointment of MNP LLP as external auditors. The company also announced the approval of the 2022 amended and restated LTIP and a new Employee Share Purchase Plan. Additionally, Electra obtained an easement on lands adjacent to its refinery facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
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Electra Battery Materials Corporation

Nasdaq:ELBM

ELBM Rankings

ELBM Stock Data

27.18M
55.19M
1.22%
13.84%
0.4%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Toronto