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Electra to Participate in OECD Conference

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Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) announced CEO Trent Mell's participation in the 2024 OECD Conference of Mining Regions and Cities in Greater Sudbury, Canada, from October 8 to 11, 2024. The conference focuses on partnering for sustained development in mining regions and future-proofing regional mineral supply for the energy transition.

Mr. Mell will speak on a panel about advancing circular practices to increase local added value, discussing opportunities like recycling. Electra recently announced a joint venture, Aki Battery Recycling, with the Three Fires Group to process lithium-ion battery waste in southern Ontario.

In 2023, Electra processed 40 tonnes of black mass at its refining complex, successfully recovering various products. The company's near-term priority is recommissioning and expanding its Ontario cobalt refinery, with long-term plans to extend critical mineral refining processes across North America.

Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) ha annunciato la partecipazione del CEO Trent Mell alla Conferenza 2024 dell'OCSE sulle regioni minerarie e le città a Greater Sudbury, Canada, dall'8 all'11 ottobre 2024. La conferenza si concentra sulla collaborazione per uno sviluppo sostenibile nelle regioni minerarie e sulla garanzia di approvvigionamenti minerari regionali a lungo termine per la transizione energetica.

Il signor Mell interverrà in un panel per discutere delle pratiche circolari volte ad aumentare il valore aggiunto locale, mettendo in luce opportunità come il riciclo. Recentemente, Electra ha annunciato una joint venture, Aki Battery Recycling, con il Three Fires Group per trattare i rifiuti di batterie agli ioni di litio nel sud dell'Ontario.

Nel 2023, Electra ha trattato 40 tonnellate di black mass nel suo complesso di raffinazione, recuperando con successo vari prodotti. La priorità di breve termine dell'azienda è la rimessa in funzione e l'espansione del suo impianto di raffinazione del cobalto in Ontario, con piani a lungo termine per estendere i processi di raffinazione dei minerali critici in tutta Nord America.

Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) anunció la participación del CEO Trent Mell en la Conferencia 2024 de la OCDE sobre Regiones y Ciudades Mineras en Greater Sudbury, Canadá, del 8 al 11 de octubre de 2024. La conferencia se centra en la colaboración para un desarrollo sostenible en las regiones mineras y en la seguridad del suministro mineral regional para la transición energética.

El Sr. Mell participará en un panel sobre cómo avanzar en las prácticas circulares para aumentar el valor añadido local, discutiendo oportunidades como el reciclaje. Electra anunció recientemente una empresa conjunta, Aki Battery Recycling, con el Three Fires Group para procesar los desechos de baterías de iones de litio en el sur de Ontario.

En 2023, Electra procesó 40 toneladas de black mass en su complejo de refinación, recuperando con éxito diversos productos. La prioridad inmediata de la empresa es la reacondición y expansión de su refinería de cobalto en Ontario, con planes a largo plazo para implementar procesos de refinación de minerales críticos en toda América del Norte.

Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM)은 CEO Trent Mell이 2024년 10월 8일부터 11일까지 캐나다 그레이터 서드버리에서 열리는 2024 OECD 광업 지역 및 도시 회의에 참여한다고 발표했습니다. 이 회의는 광업 지역의 지속 가능한 개발과 에너지 전환을 위한 지역 광물 공급의 미래 보장을 목표로 하고 있습니다.

Mell 씨는 지역 가치를 높이기 위한 순환 관행의 발전에 대한 패널에서 발언하며, 재활용과 같은 기회에 대해 논의할 예정입니다. Electra는 최근 남부 온타리오에서 리튬 이온 배터리 폐기물을 처리하기 위해 Three Fires Group과 Aki Battery Recycling이라는 합작 회사를 발표했습니다.

2023년, Electra는 정제 단지에서 40톤의 블랙 매스를 처리하여 다양한 제품을 성공적으로 회수했습니다. 회사의 단기 우선 사항은 온타리오주 코발트 정제소의 재가동 및 확장이며, 장기 계획은 북미 전역에서 중요한 광물 정제 프로세스를 확장하는 것입니다.

Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) a annoncé la participation de son PDG, Trent Mell, à la Conférence 2024 de l'OCDE sur les Régions et Villes Minières à Greater Sudbury, au Canada, du 8 au 11 octobre 2024. La conférence porte sur le partenariat pour un développement durable dans les régions minières et la sécurisation de l'approvisionnement minéral régional pour la transition énergétique.

M. Mell interviendra lors d'un panel sur l'avancement des pratiques circulaires pour accroître la valeur ajoutée locale, en discutant d'opportunités telles que le recyclage. Electra a récemment annoncé un partenariat, Aki Battery Recycling, avec le Three Fires Group pour traiter les déchets de batteries lithium-ion dans le sud de l'Ontario.

En 2023, Electra a traité 40 tonnes de black mass dans son complexe de raffinage, récupérant avec succès divers produits. La priorité immédiate de l'entreprise est la remise en service et l'extension de sa raffinerie de cobalt en Ontario, avec des plans à long terme pour étendre les processus de raffinage des minéraux critiques à travers l'Amérique du Nord.

Electra Battery Materials (NASDAQ: ELBM; TSX-V: ELBM) gab die Teilnahme von CEO Trent Mell an der 2024 OECD-Konferenz der Bergbauregionen und -städte in Greater Sudbury, Kanada, vom 8. bis 11. Oktober 2024 bekannt. Die Konferenz konzentriert sich auf die Zusammenarbeit für eine nachhaltige Entwicklung in Bergbauregionen und die Sicherstellung der regionalen Mineralversorgung für den Energiewandel.

Herr Mell wird in einer Podiumsdiskussion über fortschrittliche zirkuläre Praktiken zur Steigerung des lokalen Mehrwerts sprechen und Chancen wie Recycling erörtern. Electra hat kürzlich ein Joint Venture Aki Battery Recycling mit der Three Fires Group angekündigt, um Lithium-Ionen-Batterieabfälle im Süden von Ontario zu verarbeiten.

Im Jahr 2023 hat Electra in ihrem Raffineriekomplex 40 Tonnen Black Mass verarbeitet und erfolgreich verschiedene Produkte zurückgewonnen. Die kurzfristige Priorität des Unternehmens liegt in der Wiederinbetriebnahme und Erweiterung seiner Kobalt-Raffinerie in Ontario, während langfristige Pläne die Ausweitung der Prozesse zur Raffination kritischer Mineralien in ganz Nordamerika umfassen.

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TORONTO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce CEO Trent Mell will be participating in the 2024 OECD Conference of Mining Regions and Cities taking place October 8 to 11, 2024, in Greater Sudbury, Canada.

The OECD (Organisation for Economic Co-operation and Development) is a forum and knowledge hub for data, analysis and best practices in public policy. This conference brings together stakeholders from across the public and private sectors, academia, civil society organisations, and Indigenous representatives, this year focusing on partnering for sustained development in mining regions and future-proofing regional mineral supply for the energy transition.

Mr. Mell will be speaking as part of a panel discussion, as well as meeting with industry and other stakeholders during the conference. The panel, titled Advancing circular practices to increase local added-value, will discuss unlocking new business opportunities, notably circular economy strategies such as recycling.

Electra CEO, Trent Mell said, “I am looking forward to participating in these important discussions. The OECD Conference of Mining Regions and Cities is an opportunity for stakeholders from various levels of government, locally and globally, along with industry and community representatives to come together to collaborate on solutions for building a greener future. Electra is committed to helping build a sustainable, North American battery materials supply chain, reducing reliance on foreign sources.”

In September 2024, Electra announced a joint venture with the Three Fires Group, an Indigenous-owned economic development agency, Aki Battery Recycling. Aki Battery Recycling will collaborate to source and process lithium-ion battery waste from manufacturers to produce black mass at a state-of-the-art facility to be established in southern Ontario. The black mass will then be further treated using Electra’s proprietary process at its Ontario hydrometallurgical refinery to recover critical minerals that can be reintroduced into the battery supply chain.

In 2023, Electra processed 40 tonnes of black mass at its refining complex north of Toronto to trial its proprietary recycling process. The program is believed to have been the first plant-scale hydrometallurgical recycling of black mass material in North America as well as the first domestic production of nickel-cobalt mixed hydroxide precipitate product (“MHP”). Electra successfully recovered MHP, lithium carbonate, graphite and other commercial products.

Electra’s near-term priority is recommissioning and expanding its Ontario cobalt refinery, while its longer-term vision includes extending its efforts to onshore additional critical mineral refining processes, such as a closed loop for recycled battery materials, a second cobalt sulfate facility in Bécancour, Quebec, and a strategically located North American nickel sulfate refinery to supply battery grade nickel to the North American and global electric vehicle battery market.

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 Bécancour, Quebec, and exploring nickel sulfate production potential within North America. For more information, please visit www.ElectraBMC.com.

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 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. 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.


FAQ

What event is Electra Battery Materials (ELBM) participating in on October 8-11, 2024?

Electra Battery Materials (ELBM) CEO Trent Mell is participating in the 2024 OECD Conference of Mining Regions and Cities in Greater Sudbury, Canada, from October 8 to 11, 2024.

What joint venture did Electra Battery Materials (ELBM) announce in September 2024?

In September 2024, Electra Battery Materials (ELBM) announced a joint venture called Aki Battery Recycling with the Three Fires Group, an Indigenous-owned economic development agency, to process lithium-ion battery waste in southern Ontario.

What did Electra Battery Materials (ELBM) achieve in its 2023 black mass processing trial?

In 2023, Electra Battery Materials (ELBM) processed 40 tonnes of black mass at its refining complex, successfully recovering mixed hydroxide precipitate (MHP), lithium carbonate, graphite, and other commercial products. This was believed to be the first plant-scale hydrometallurgical recycling of black mass material in North America.

What are Electra Battery Materials' (ELBM) near-term and long-term priorities?

Electra Battery Materials' (ELBM) near-term priority is recommissioning and expanding its Ontario cobalt refinery. Long-term plans include extending critical mineral refining processes, developing a closed loop for recycled battery materials, building a second cobalt sulfate facility in Bécancour, Quebec, and establishing a North American nickel sulfate refinery.

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