Electra Commercial Team to Attend LME Week
Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) announces its commercial team's participation in the London Metal Exchange (LME) Week from September 30th to October 4th, 2024. Led by Vice President Michael Insulan, the team will focus on meeting battery supply chain partners and discussing Electra's role in the North American EV materials supply chain.
Insulan highlights recent milestones, including the achievement of technical grade lithium carbonate production and the formation of Aki Battery Recycling, an Indigenous-led partnership for closed-loop battery materials recycling. Electra's refinery is positioned to be the first to produce cobalt sulfate in North America, offering recycling services to gigafactories in Ontario and beyond.
The company's long-term vision includes expanding critical mineral refining processes, establishing a second cobalt sulfate facility in Bécancour, Quebec, and developing a strategically located North American nickel sulfate refinery to supply the global EV battery market.
Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) annuncia la partecipazione del suo team commerciale alla London Metal Exchange (LME) Week che si terrà dal 30 settembre al 4 ottobre 2024. Guidato dal Vice Presidente Michael Insulan, il team si concentrerà sull'incontro con i partner della catena di approvvigionamento delle batterie e sulla discussione del ruolo di Electra nella catena di fornitura dei materiali per veicoli elettrici in Nord America.
Insulan sottolinea traguardi recenti, tra cui il raggiungimento della produzione di carbonato di litio di grado tecnico e la formazione di Aki Battery Recycling, una partnership guidata da indigeni per il riciclo dei materiali delle batterie in un ciclo chiuso. L'impianto di raffinazione di Electra è posizionato per essere il primo a produrre solfato di cobalto in Nord America, offrendo servizi di riciclo alle gigafabbriche in Ontario e oltre.
La visione a lungo termine dell'azienda include l'espansione dei processi di raffinazione di minerali critici, l'istituzione di una seconda struttura di solfato di cobalto a Bécancour, Quebec, e lo sviluppo di una raffineria di solfato di nichel strategicamente situata in Nord America per rifornire il mercato globale delle batterie per veicoli elettrici.
Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) anuncia la participación de su equipo comercial en la London Metal Exchange (LME) Week que tendrá lugar del 30 de septiembre al 4 de octubre de 2024. Liderado por el Vicepresidente Michael Insulan, el equipo se centrará en reunirse con socios de la cadena de suministro de baterías y discutir el papel de Electra en la cadena de suministro de materiales para vehículos eléctricos en América del Norte.
Insulan destaca logros recientes, incluyendo la obtención de producción de carbonato de litio de grado técnico y la formación de Aki Battery Recycling, una asociación liderada por indígenas para el reciclaje de materiales de baterías en un ciclo cerrado. La refinería de Electra está posicionada para ser la primera en producir sulfato de cobalto en América del Norte, ofreciendo servicios de reciclaje a gigafábricas en Ontario y más allá.
La visión a largo plazo de la compañía incluye expandir los procesos de refinación de minerales críticos, establecer una segunda instalación de sulfato de cobalto en Bécancour, Quebec, y desarrollar una refinería de sulfato de níquel estratégicamente ubicada en América del Norte para abastecer al mercado global de baterías para vehículos eléctricos.
Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM)은 2024년 9월 30일부터 10월 4일까지 개최되는 런던 금속 거래소(LME) 주간에 상업 팀의 참여를 발표했습니다. 마이클 인술란 부사장이 이끄는 팀은 배터리 공급망 파트너들과 만나고 북미 전기차(EV) 자재 공급망에서 Electra의 역할에 대해 논의하는 데 중점을 둘 것입니다.
인술란은 최근 성과를 강조하며, 기술 등급의 탄산 리튬 생산을 달성하고 원주율 폐쇄 루프 배터리 자재 재활용을 위한 토착민 주도의 파트너십인 Aki Battery Recycling을 형성한 것을 언급했습니다. Electra의 정제소는 북미에서 코발트 황산염을 최초로 생산할 수 있는 위치에 있으며, 온타리오 및 그 너머의 기가팩토리들에 재활용 서비스를 제공합니다.
회사의 장기 비전은 주요 광물 정제 공정의 확장, 퀘벡 베캉쿠르에 두 번째 코발트 황산염 시설을 구축하고, 북미에 전략적으로 위치한 니켈 황산염 정제소를 개발하여 글로벌 전기차 배터리 시장에 공급하는 것입니다.
Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) annonce la participation de son équipe commerciale à la London Metal Exchange (LME) Week qui se déroulera du 30 septembre au 4 octobre 2024. Dirigée par le vice-président Michael Insulan, l'équipe se concentrera sur les rencontres avec les partenaires de la chaîne d'approvisionnement des batteries et sur la discussion du rôle d'Electra dans la chaîne d'approvisionnement des matériaux pour véhicules électriques en Amérique du Nord.
Insulan souligne des jalons récents, notamment l'atteinte d'une production de carbonates de lithium de qualité technique et la formation de Aki Battery Recycling, un partenariat dirigé par des Autochtones pour le recyclage des matériaux de batterie dans un cycle fermé. La raffinerie d'Electra est positionnée pour être la première à produire sulfate de cobalt en Amérique du Nord, offrant des services de recyclage aux gigafactories en Ontario et au-delà.
La vision à long terme de l'entreprise inclut l'expansion des processus de raffinage des minéraux critiques, l'établissement d'une deuxième installation de sulfate de cobalt à Bécancour, au Québec, et le développement d'une raffinerie de sulfate de nickel stratégiquement située en Amérique du Nord pour approvisionner le marché mondial des batteries pour véhicules électriques.
Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) kündigt die Teilnahme seines Vertriebsteams an der London Metal Exchange (LME) Week vom 30. September bis 4. Oktober 2024 an. Unter der Leitung von Vizepräsident Michael Insulan wird sich das Team darauf konzentrieren, Partner in der Lieferkette für Batterien zu treffen und die Rolle von Electra in der nordamerikanischen Lieferkette für EV-Materialien zu besprechen.
Insulan hebt kürzliche Meilensteine hervor, darunter die Herstellung von technischem Lithiumcarbonat und die Gründung von Aki Battery Recycling, einer indigenen Partnerschaft für das Recycling von Batteriematerialien im geschlossenen Kreislauf. Die Raffinerie von Electra ist so positioniert, dass sie die erste ist, die Kobaltsulfat in Nordamerika produziert und Recyclingdienste für Gigafabriken in Ontario und darüber hinaus anbietet.
Die langfristige Vision des Unternehmens umfasst die Erweiterung der Raffinationsprozesse für kritische Minerale, die Errichtung einer zweiten Kobaltsulfat-Anlage in Bécancour, Quebec, und die Entwicklung einer strategisch gelegenen Nickel-Sulfat-Raffinerie in Nordamerika, um den globalen Markt für EV-Batterien zu beliefern.
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LME Week unites professionals from across the entire metals supply chain to explore current market trends, anticipate the year ahead, and connect with industry peers. Electra’s representatives will be focused on meeting with battery supply chain partners, advancing conversations on long-term relationships, and discussing Electra’s critical role in the North American EV materials supply chain.
Electra Vice President, Commercial, Michael Insulan, commented, “This event is important to our commercial strategy, and provides a timely opportunity to update our partners both up- and down-stream on the many milestones we’ve reached in recent months. Most recently, the achievement of technical grade lithium carbonate will be of interest to partners seeking high-quality, North American-made materials, as well as the formation of Aki Battery Recycling as an Indigenous-led, North American opportunity for closed-loop battery materials recycling in partnership with Electra.
“As the EV industry expands within
Electra’s near-term priority is recommissioning and expanding its
About Electra Battery Materials
Electra is a processor of low-carbon, ethically-sourced battery materials. Currently focused on developing North America’s only cobalt sulfate refinery, Electra is executing a phased strategy to onshore the electric vehicle supply chain and provide a North American solution for EV battery materials refining. In addition to building North America’s only cobalt sulfate refinery, its strategy includes integrating black mass recycling, potential cobalt sulfate processing in
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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 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 on 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.
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Heather Smiles
Vice President, Investor Relations & Corporate Development
Electra Battery Materials
info@ElectraBMC.com
1.416.900.3891
Source: Electra Battery Materials Corporation
FAQ
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