Electra Battery Materials Corp (TSE:ELBM) has released an update.
Electra Battery Materials Corporation has secured a $5 million investment from the Government of Canada to enhance its proprietary battery materials recycling technology. This development follows their successful operation of a demonstration plant, which processed over 40 tonnes of battery scrap. Electra aims to bolster the North American EV supply chain by advancing critical mineral recycling, thereby reducing emissions and dependency on foreign resources.
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