Building North America’s First Battery Materials Park

Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable and traceable raw materials for the region’s fast growing electric vehicle industry.

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Electra Battery Materials

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park. Leveraging the company’s own mining assets and business partners, the Electra Battery Materials Park will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, which will serve both North American and global customers.

Why
Electra ?

Electra’s value proposition is unique within North America. With a four-phased approach to growth, the Company is well positioned to grow along with North American demand for battery materials, while de-risking its project.

Electra Battery Materials is focused on creating the only Battery Materials Park in North America, from refining to precursor material.

Located in Ontario, Canada, with access to an abundance of affordable and renewable hydroelectricity, Electra will have one of the lowest carbon footprints within the EV supply chain.

In late 2022, Electra Battery Materials will commence production of secure, green, ethical battery raw materials from phase 1 of its battery materials park, including cobalt sulfate and recycled battery materials.

Electra’s Battery Materials Park: A first mover in North America with an industrial scale offering

Diagram of factory materials

Iron Creek Project

Idaho, USA

Electra is the owner of one of the US’ most important cobalt/copper deposits, a strategic critical minerals asset necessary for the nation’s development of a domestic EV materials supply chain. In 2019, the Company updated its previously filed NI43-101 Compliant Mineral Resource Estimate, confirming an Indicated Resource of 2.2 million tonnes at 0.32% cobalt equivalent (0.26% cobalt and 0.61% copper) for 12.3 million pounds of contained cobalt and 29 million pounds of contained copper, as well as an Inferred Resource of 2.7 million tonnes at 0.28% cobalt equivalent (0.22% cobalt and 0.68% copper) for an additional 12.7 million pounds of contained cobalt and 40 million pounds of contained copper. In June 2021, the Company began an exploration program encompassing 4,500 metres of drilling, geophysical surveys and bedrock geological mapping at a budgeted cost of $2.5 million. The Company’s objective over the next two years is to meaningfully increase the resource size at Iron Creek and advance the asset towards a development decision.

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Press Releases

Consult our latest corporate updates and milestone announcements

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Low Carbon Footprint

We take a proactive, risk-based approach to environmental
management, with robust measures that help ensure we minimize our impact, while ensuring the viability of the environment for future generations.

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lower CO2 emissions

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lower water consumption

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lower eutrophication potential

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lower global warming potential

Live Investor Call

Electra recently announced a strategic shift focused on advancing the only Battery Materials Park in North America, from refining to precursor material. A live investor call was held on November 8, 2021 where management discussed its business plan and provided an update on its refinery project as well as next steps and upcoming milestones.

Corporate Presentation
Press Releases

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