Electra Battery Materials Corporation - Aktionäre WKN: A3DHHD ISIN: CA28474P2017 Kürzel: ELBM Forum: Aktien User: Wow92

Refinery Project Update As at March 31, 2023 Electra has made the following key developments in its refinery project: Completed commissioning of the analytical lab, feed material handling system, including the ball mill and mixing station, filter presses, and reagent handling systems. Completed 90 to 95 percent of all procurement. Completed the erection of the solvent extraction building. Completed the construction of the cobalt sulfate loadout facility. Increased the project owners’ team to 31 personnel, which includes tradespeople, engineers, operators, lab technicians, and office support staff. On February 14, 2023 Electra announced that due to the receipt of damaged equipment critical to the completion of the refinery project and ongoing supply chain disruptions causing ongoing delays in the delivery of equipment, including components to process control systems, the Company withdrew its previous guidance relating to the refinery project’s estimated capital spend and construction timelines.  Subsequent inspection of the damaged equipment has determined that the falling film evaporator vessel is suitable for installation. The damaged equipment will require onsite repairs before it can be commissioned.   Also on February 14, 2023 Electra announced the launch of a re-baseline engineering report to identify the refinery’s updated project scope, scheduling, and capital expenditures. This updated re-baseline engineering work, which has been undertaken by the refinery project’s engineering, procurement, and construction (EPC) contractor, continues.  The findings will be reviewed by an independent third-party estimator and presented to the Company’s board. Although results are still pending, management anticipates that the capital costs will be higher due to inflation, construction delays and the completion of detailed engineering.   In particular, given inflationary price pressures over the past year that have negatively impacted all aspects of the refinery project, including contractor labour rates and costs for concrete, steel, and piping, Electra expects that the re-baseline engineering report will conclude that capital costs for completing the refinery project will be higher than the $105 million budget previously disclosed. The Company will require additional capital to complete final commissioning. Discussions are underway with various commercial partners, government agencies and other parties to address the funding shortfall.   Electra will provide an update on its refinery project once the re-baseline engineering report is completed.

Highlights Subsequent to Year End Successfully completed the first plant-scale recycling of black mass material in North America and confirmed the recovery of critical metals, including lithium, nickel, cobalt, copper, manganese, and graphite, needed for the EV battery supply chain using Electra’s proprietary hydrometallurgical process.  To date, Electra has produced high quality nickel-cobalt mixed hydroxide and lithium carbonate products in its black mass recycling trial at its refinery complex. Based on preliminary results achieved to date, Electra will extend its black mass trial through to June 2022 beyond the initial target of 75 tonnes. Disposed non-core exploration assets in the Canadian cobalt camp to Kuya Silver Corporation for 2.7 million shares of Kuya valued at $1 million. Electra retained a two percent royalty on net smelter returns from all commercial production derived from the assets. Closed a private placement offering for the issuance of US$51 million principal amount of 8.99% senior secured convertible notes (“Note Offering”) due February 2028. As part of the Note Offering, Electra also announced that it purchased and cancelled all of the previously outstanding 2026 Notes at par value, plus accrued and unpaid interest. The net proceeds of the Note Offering of approximately US$14 million will be used for capital expenditures associated with the expansion and recommissioning of the Company’s cobalt refinery, including buildings, equipment, infrastructure, and other direct costs, as well as engineering and project management costs. Issued its inaugural Sustainability Report and committed to net-zero greenhouse emissions by 2050.

Highlights for 2022 Net income for FY2022 was $12.6 million or $0.38 per share. These compare to a net loss of $34.9 million or $1.26 per share for the year ended December 31, 2021. Net income in FY2022 was driven by a gain of $27.7 million on the fair value of the embedded derivative liability portion of Electra’s convertible debt. Signed a three-year agreement to supply 7,000 tonnes of battery grade cobalt to LG Energy Solution, a leading global manufacturer of lithium-ion batteries for electric vehicles. Total incurred costs for the refinery construction project in 2022 were $71 million. Commenced trading on Nasdaq Capital Market under the ticker symbol "ELBM" on April 27, 2022. Announced preliminary discussions with the Government of Quebec to construct a new cobalt sulfate refinery in Bécancour, Quebec that will integrate with an emerging battery materials park in the province. Signed a benefits agreement with the Métis Nation of Ontario that will provide employment, training, procurement, and business opportunities related to the construction and expansion of Electra’s battery materials refinery north of Toronto. Strengthened the management team with the appointment of Renata Cardoso as Vice President Sustainability and Low Carbon, Craig Cunningham as Chief Financial Officer, Dave Marshall as Vice President, Engineering, and Joe Racanelli as Vice President, Investor Relations. The additions bring collectively 100 years of relevant sector experience and subject matter expertise to Electra. Released highlights of a scoping study prepared by a global engineering firm that supports the creation of an integrated electric vehicle battery materials park in Ontario consisting of nickel, cobalt, manganese refining, recycling of battery black mass material, and precursor cathode active material (pCAM) manufacturing.  The scoping study assessed the economics and carbon footprint of various nickel feed options to develop an integrated facility producing 10,000 tonnes per annum of battery grade nickel sulfate and pCAM components essential to the production of EV batteries. Confirmed cobalt mineralization at its Ruby prospect, which is located 1.5 kilometres from Electra’s primary Iron Creek deposit, following receipt of assay results from the summer exploration program in the Idaho Cobalt Belt.   Assay results and exploration work completed to date support the launch of a more extensive drill campaign to determine the full extent of Ruby’s mineralization.

ELECTRA Q4 2022 HIGHLIGHTS AND DEVELOPMENTS                Net income for the period was $10.3 million or $0.31 per share. These compare to a net loss of $15.5 million or $0.55 per share for Q4 2021. Net income in Q4 2022 was driven by a gain of $11.9 million on the fair value of the of the embedded derivative liability portion of Electra’s convertible debt and an impairment reversal of $1.3 million recognized on the planned sale of the remaining Cobalt Camp exploration patents to Kuya Silver. Held cash and marketable securities of $8.4 million as at December 31, 2022, down from $19.7 million as at September 30, 2022.  Electra’s cash balance at the end of Q4 2022 does not include the remaining $5.1 million of government investments expected to be received or the net proceeds of US$14 million received from the convertible debt financing completed in February 2023. Raised gross proceeds of US$5.5 million (~CAD$7.3 million) through an overnight marketed offering of 2.35 million units with each unit comprised of one common share and one share purchase share warrant entitling the holder to purchase one common share at a price of US$3.10 through November 15, 2025. Gross proceeds raised through the offering will be used to fund the commissioning of Electra’s cobalt sulfate refinery.  Launched a black mass recycling trial at the Company’s Ontario refinery complex to recover high-value elements found in shredded lithium-ion batteries, including lithium, nickel, cobalt, copper, manganese, and graphite, using Electra’s proprietary hydrometallurgical process. Acquired the option to purchase the CAS cobalt-copper project in Idaho, property located in close proximity to the Company’s other exploration projects in Idaho, for up to US$1.5 million payable over 10 years upon completion of specific milestones. Issued a total of 571,317 common shares on the TSX Venture Exchange at an average price of C$5.34 per share and 135,670 common shares on the Nasdaq Capital Markets at an average price of US$3.21 during the year under its at-the-market equity program launched in January 2022, providing gross proceeds of $3,049,834 and US$435,756. Commissions of $76,246 and US$10,894 were paid to CIBC World Markets Inc. and CIBC World Markets Corp., respectively, in relation to these distributions.

Electra Battery Materials Corporation (“Electra" or the “Company”) today reported its financial results for the quarter and year ended December 31, 2022, and provided an update on the commissioning of its cobalt refinery and its black mass recycling trial.  All amounts are in Canadian currency unless otherwise stated. “2022 was a remarkable year for Electra, filled with achievements and developments that augur extremely well for our Company and our prospects of becoming a key link in the North American EV battery supply chain,” said Trent Mell, Electra’s CEO.  “Most notably, we made considerable progress towards our vision of commissioning North America’s first cobalt sulfate refinery, we launched a plant-scale black mass recycling trial at our refinery complex north of Toronto that has already produced a number of encouraging results, and we signed a three-year strategic supply agreement with LG Energy Solution, the world’s second-largest EV battery manufacturer.  Equally significant, we benefitted from the adoption of the U.S. Inflation Reduction Act, which has provided a boost for our industry and includes a number of incentives that will spur further growth of the EV supply chain in North America for years to come.” Mr. Mell added, ”Although some of our progress was impeded by supply chain disruptions, receipt of damaged equipment, and the impact of inflationary price pressures on our refinery project, we remain particularly encouraged by our near- and long-term prospects.  Most notably, we anticipate completion of a re-baseline engineering report on our refinery project as well as the first shipment of products produced in our black mass trial in the near term. “Over the longer term, we are encouraged by the opportunity to expand into the production of related battery materials, including nickel sulfate at our refinery complex in Ontario, and by the prospects of developing a new cobalt sulfate refinery as part of the battery industrial park being built in Bécancour, Quebec.” Mr. Mell concluded, “Key to our ongoing success will be to leverage our hydrometallurgical process expertise and the benefits of operating in North American jurisdictions where low-carbon production is possible due to an abundance of renewable energy sources.”

Electra Provides Notice of Fourth Quarter 2022 Results Conference Call and Webcast TORONTO, ON – (April 4, 2023) Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) will release its fourth quarter 2022 financial results after market close on April 4, 2023.  Senior management will host a conference call and webcast on April 5, 2023 at 8:30 am ET to review Electra’s fourth quarter performance and discuss near-term outlook. Dial-in and Webcast Details: North American dial-in number: 1-800-319-4610 International dial-in number: 1-604-638-5340 Webcast and slide presentation: http://services.choruscall.ca/links/electrabatterymat2022q4.html Link zu dieser Meldung https://electrabmc.com/electra-battery-materials-q4-2022-results-call/

https://electrabmc.com/electra-provides-notice-of-fourth-quarter-2022-results-conference-call-and-webcast-2/

Electra Postpones Fourth Quarter 2022 Results Conference Call and Webcast Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM)(“Electra”) today announced that the Company has postponed its conference call and webcast previously scheduled for today pending the filing and release of its fourth quarter and year-end financial results for 2022.  The Company anticipates filing its financial results on or before Wednesday April 5, 2023 and will announce the new date and time of its conference call and webcast accordingly. — — — — — Electra verschiebt Ergebnisse des vierten Quartals 2022 Telefonkonferenz und Webcast Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) („Electra“) gab heute bekannt, dass das Unternehmen seine für heute geplante Telefonkonferenz und seinen Webcast bis zur Einreichung und Veröffentlichung seiner Finanzergebnisse für das vierte Quartal und das Jahresende verschoben hat Ergebnisse für 2022. Das Unternehmen rechnet damit, seine Finanzergebnisse am oder vor Mittwoch, dem 5. April 2023, einzureichen und wird das neue Datum und die neue Uhrzeit seiner Telefonkonferenz und seines Webcasts entsprechend bekannt geben.

Electra Battery Materials Corporation gab heute den Start einer Demonstrationsanlage bekannt, die darauf ausgelegt ist, in ihrem Raffineriekomplex nördlich von Toronto hochwertige Elemente zurückzugewinnen und zu recyceln, die in Lithium-Ionen-Batterien enthalten sind, darunter Nickel, Kobalt, Lithium, Kupfer und Graphit. „Die Inbetriebnahme unserer Demonstrationsanlage zum Recycling schwarzer Massen schließt ein Jahr ab, das mit einer Reihe bedeutender Errungenschaften für Electra gefüllt ist“, sagte Trent Mell. „Da die Aussichten für die Einführung von Elektrofahrzeugen in Nordamerika aufgrund der jüngsten Verabschiedung des U.S. Inflation Reduction Act und der erheblichen Investitionen der Automobilunternehmen zur Elektrifizierung ihrer Flotte zunehmend optimistischer werden, besteht der Bedarf an einer inländischen Versorgung mit Batteriequalität Die Materialversorgung, sei es durch primäre Raffinations- oder Recyclingprozesse, wird kritisch.“ Herr Mell fügte hinzu: „Vorbehaltlich der Fertigstellung der Demonstrationsanlage und einer Überprüfung der Wirtschaftlichkeit des Projekts würde der Erfolg den Weg für die Kommerzialisierung und den Bau einer 5.000-Tonnen-Massenverarbeitungsanlage für Schwarzweiß innerhalb unseres Batteriematerialparks in Ontario unter Nutzung der bestehenden Infrastruktur ebnen. Personal und Laboreinrichtung. In Kombination mit unserer geplanten Produktion von Kobalt-, Nickel- und Mangansulfaten wird die Kommerzialisierung unserer Recyclingkapazitäten für schwarze Masse unseren Cashflow und unseren Kundenstamm diversifizieren.“ https://electrabmc.com/electra-launches-battery-materials-recycling-demonstration-plant-at-its-ontario-refinery-complex/

https://seekingalpha.com/article/4556370-electra-battery-materials-2023-cobalt-refiner-battery-materials-recycler-canada

Danke für die Infos. So langsam kommt Schwung in die Bude

Electra Battery Materials erwähnt... https://www.northernontariobusiness.com/industry-news/manufacturing/sudbury-steelworkers-support-vale-gm-nickel-supply-deal-6131251

Positive Signale - Buy https://www.marketbeat.com/stocks/NASDAQ/ELBM/

10.11.2022 Trent Mell, CEO von Electra Battery Materials, hat am diesjährigen Fall Mining Showcase 2022 teilgenommen. https://youtu.be/Av62Y-gz1KU