Electra Battery Materials reveals nickel refinery plan with $530M+ cost

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Electra Advances Phased Nickel Refining and Battery Recycling Strategy for North America

September 16, 2026 7:00 AM EDT

Initial engineering evaluates 20,000 tonnes of annual nickel production as the first
phase of a broader critical minerals processing facility

TORONTO, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (Electra or the Company), a leader in North American critical minerals processing, today announced preliminary engineering results for the initial phase of a proposed two-phase nickel refinery to process mine-derived feedstock and recycled battery black mass into nickel metal and battery-grade nickel sulfate. The proposed facility would strengthen North American supply chains by supplying nickel for... More