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Electra Battery Materials provided an update on its Refinery project and filed its 2023 financial reports, aiming to become the first refiner of battery grade cobalt sulfate in North America. The company achieved several milestones in 2023, including expanding agreements with LG Energy Solution and Eurasian Resources Group, securing investments from the Government of Canada, and focusing on battery recycling. Despite facing challenges like a Nasdaq compliance issue, Electra remains committed to its long-term strategy for the battery materials complex and refinery expansion.