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Electra Battery Materials (NASDAQ: ELBM) outlines orderly CFO transition

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Form Type
6-K

Rhea-AI Filing Summary

Electra Battery Materials Corporation reported a planned change in its finance leadership. Chief Financial Officer Marty Rendall intends to resign at the end of February to take an executive role at a larger organization and will stay through month-end to support a smooth transition.

The company has started a formal search for a permanent successor and announced that David Allen, who served as Electra’s CFO from 2023 to late 2024, will return as Interim CFO effective February 28, 2026. Management highlights Rendall’s role in strengthening the balance sheet, completing capital raises, and advancing its cobalt refinery construction strategy as Electra enters a pivotal year of construction and delivery.

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Insights

Electra announces an orderly CFO transition with an experienced former CFO returning in an interim role.

Electra Battery Materials is managing a CFO change as it continues constructing what it describes as North America’s first cobalt sulfate refinery. The departing CFO remains through February to support handover, suggesting a planned and cooperative transition rather than an abrupt departure.

The company is bringing back former CFO David Allen as interim CFO, which may help maintain continuity because he previously served in the role from 2023 to late 2024. A formal search for a permanent successor is underway, while management emphasizes past balance sheet strengthening and capital raises completed during Marty Rendall’s tenure.

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number: 001-41356

Electra Battery Materials Corporation
(Translation of registrant's name into English)

133 Richmond St W, Suite 602
Toronto, Ontario, Canada
M5H 2L3
(416) 900-3891

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

 

 


DOCUMENTS INCLUDED AS PART OF THIS REPORT

 

Exhibit Number Description
   
99.1 Press Release dated February 4, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Electra Battery Materials Corporation    
  (Registrant)
   
  
Date: February 4, 2026     /s/ Trent Mell    
  Trent Mell
  Chief Executive Officer and Director
  

EXHIBIT 99.1

Electra Announces CFO Transition

TORONTO, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), today announced that Chief Financial Officer Marty Rendall has informed the Company of his intention to resign from his position at the end of February to pursue an executive opportunity with a larger organization. Mr. Rendall will remain with Electra through February to support a smooth transition.

The Company has commenced a formal search for a permanent successor and is pleased to announce that David Allen, who previously served as Electra’s CFO from 2023 to late 2024, will return as Interim Chief Financial Officer effective February 28, 2026.

“Marty has made tremendous contributions during his tenure with Electra, and while we are very sad to see him go, we are proud to see his expertise recognized by another industry leader,” said Trent Mell, CEO. “Through his efforts, we strengthened our balance sheet, completed critical capital raises, and meaningfully advanced the execution of our refinery construction strategy. Marty leaves Electra in a stronger financial and operational position as we enter a pivotal year of construction and delivery.”

“It has been a privilege to be part of Electra’s mission to build a secure, domestic supply chain for North American battery materials,” said Marty Rendall. “I’m grateful for the opportunity to have worked with such a dedicated and forward-looking team, and I leave confident in Electra’s strategy, its leadership, and its potential to create long-term value for all stakeholders.”

Mr. Allen’s return as interim CFO will ensure continuity and leadership stability as the Company continues construction of North America’s first cobalt sulfate refinery.

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.

Contact
Heather Smiles
Vice President, Investor Relations & Corporate Development
Electra Battery Materials
info@ElectraBMC.com
1.416.900.3891

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. 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. 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 on EDGAR at www.sec.gov. 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 CFO change did Electra Battery Materials (ELBM) announce in this 6-K?

Electra Battery Materials announced that CFO Marty Rendall intends to resign at the end of February. He will remain through month-end to support a smooth transition while the company conducts a formal search for a permanent successor.

Who will serve as interim CFO at Electra Battery Materials (ELBM)?

David Allen will return as Interim Chief Financial Officer effective February 28, 2026. He previously served as Electra’s CFO from 2023 to late 2024, providing continuity in the finance function during the transition period and ongoing refinery construction efforts.

Why is Electra Battery Materials’ current CFO resigning?

CFO Marty Rendall informed Electra Battery Materials that he intends to resign to pursue an executive opportunity with a larger organization. The company notes his contributions to strengthening the balance sheet, completing capital raises, and advancing its refinery construction strategy during his tenure.

How is Electra Battery Materials managing leadership continuity during the CFO transition?

Electra Battery Materials is keeping outgoing CFO Marty Rendall through February for a smooth transition and reinstating former CFO David Allen as interim CFO on February 28, 2026. The company has also launched a formal search for a long-term Chief Financial Officer.

What strategic projects does Electra Battery Materials highlight alongside the CFO transition?

Electra highlights construction of what it describes as North America’s first cobalt sulfate refinery as its primary focus. It also references black mass recycling initiatives, potential nickel refining, and its Iron Creek project in Idaho’s Cobalt Belt within a wider critical minerals supply chain strategy.

How does Electra Battery Materials describe its position in the battery materials supply chain?

Electra describes itself as a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries. Its main focus is building North America’s only cobalt sulfate refinery and advancing projects in Idaho’s Cobalt Belt, plus black mass recycling and evaluating nickel refining opportunities.
Electra Battery Materials Corp

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