Electra Approves Cobalt Refinery Construction Schedule and Budget

Post Views: 121 Electra Battery Materials cobalt sulfate refinery Electra Approves Cobalt Refinery Construction Schedule and Budget Electra Battery Materials Corp. has approved a $73 million construction budget for its planned cobalt sulfate refinery in Ontario. The company also confirmed an execution schedule targeting mechanical completion by Q2 2027. Electra plans commissioning in Q4 2026, with production ramp-up beginning in Q3 2027. Commercial production is expected by the fourth quarter of 2027, positioning the refinery as North America’s first battery-grade cobalt sulfate facility. CEO ...