Electra Battery Materials advances cobalt refinery construction in Ontario

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Electra Advances Concrete, Structural Steel and Equipment Installation at North American Cobalt Sulfate Refinery

August 18, 2026 7:00 AM EDT

TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (Electra or the Company) today provided an update on construction of its cobalt sulfate refinery in Temiskaming Shores, Ontario, a strategic critical minerals processing facility supported by the governments of the United States, Canada and Ontario.

Since the Companys June construction update, field execution has advanced as the construction team has grown, with structural steel erection, concrete works, equipment installation, piping preparation and selective removal of legacy infrastructure within the brownfield refinery underway. Construction is supported by... More