Electra receives $5 million grant from government of canada to support the development of the north american electric vehicle supply chain

Toronto--(business wire)---- $elbm--electra battery materials corporation (nasdaq: elbm; tsx-v: elbm) (“electra”, “company”) today announced that it has received a $5 million investment from the government of canada towards the construction of north america's first cobalt sulfate refinery. located in temiskaming shores, ontario, the facility will produce approximately five percent of the global supply of battery grade cobalt needed for electric vehicles. the investment will be provided in the form of a g.
ELBM Ratings Summary
ELBM Quant Ranking