Electra Battery Material Corp. receives $5 million grant to build cobalt sulphate refinery

Policy & Regulation

Electra’s cobalt sulphate refinery, which will be located in Temiskaming Shores, Ontario, will produce approximately 5% percent of the global supply of battery grade cobalt needed for EVs

Electra Battery Materials Corp. has received a $5 million investment from the Government of Canada toward the construction of North America’s first cobalt sulfate refinery, the company announced Feb. 9.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload