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Electra Starts Commissioning of Battery Materials Recycling Demonstration Plant at its Ontario Refinery Complex

Electra Starts Commissioning of Battery Materials Recycling Demonstration Plant at its On...

articleElectra Battery Materials CorpOctober 13, 20224/company/electra-battery-materials-corp/news/electra-starts-commissioning-of-battery-materials-recycling-demonstration-plant-at-its-ontario-refinery-complex
Electra Starts Commissioning of Battery Materials Recycling Demonstration Plant at its Ontario Refinery Complex

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[{"type":"text","content":"\n \n \n \n Electra Starts Commissioning of Battery Materials Recycling Demonstration Plant at its Ontario Refinery Complex\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Oct. 13, 2022\n \n \n /CNW/ -\n \n Electra Battery Materials Corporation\n \n (NASDAQ: ELBM) (TSXV: ELBM) (\"Electra\") today announced the start of commissioning of its black mass recycling demonstration plant at its battery materials park located north of\n \n Toronto\n \n following the successful installation of material feed handling and lime delivery systems, two key circuits in Electra's hydrometallurgical process designed to recycle end of life lithium-ion battery materials.\n \n \n \n \n \n \n \n \n \n \"Automakers are looking for a closed-loop supply chain for their batteries and Electra's recycling process presents a compelling solution to move to a circular model for recycling end-of-life batteries and battery manufacturing scrap,\" said\n \n Trent Mell\n \n , CEO of Electra Battery Materials.  \"Consistent with our strategy, integrating battery materials recycling to our cobalt sulfate production activities at our refinery will not only serve as an important differentiator but will allow us to generate incremental cash flow while strengthening our relationships with various stakeholders that make up the North American EV supply chain.\"\n \n \n Mr. Mell added, \"Pending completion of the demonstration plant and a review of project economics, success could pave the way towards the buildout of a 5,000 tonne per annum black mass processing facility within our battery materials park in\n \n Ontario\n \n using existing infrastructure, personnel, and lab facility. Additional capacity would be added through construction of additional modules as the market for recycled battery material expands.\"\n \n \n Electra is currently retrofitting its existing cobalt sulfate refinery located in Temiskaming Shores,\n \n Ontario\n \n to accommodate its proprietary hydrometallurgical process designed to treat black mass, a byproduct ...

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