Electra secures C$17.5M from Ontario for cobalt sulfate refinery
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Electra and Ontario Advance North America’s Critical Minerals Future with $17.5 Million Funding Agreement
August 26, 2026 7:00 AM EDTTORONTO, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (Electra or the Company) is pleased to announce that it has finalized definitive agreements with Invest Ontario, an agency of the Government of Ontario, for C$17.5M in previously announced funding to support construction of its cobalt sulfate refinery in Temiskaming Shores, Ontario.
We are grateful to Invest Ontario and the Government of Ontario for their continued partnership on this strategic asset, said Trent Mell, CEO of Electra. We are... More
