Electra and eurasian resources group sign cobalt supply agreement

Toronto--(business wire)---- $elbm--electra battery materials corporation (nasdaq: elbm; tsx-v: elbm) (“electra”, “company”) and eurasian resources group s.a.r.l. (“erg”), a leading diversified natural resources group headquartered in luxembourg, announced today that they have signed a binding letter of intent for long-term supply of erg's cobalt hydroxide to north america's first battery grade cobalt sulfate refinery. the agreement, effective april 1, 2024, supports efforts to onshore the battery supply.
ELBM Ratings Summary
ELBM Quant Ranking