Electra Battery Materials: Powering a Better Path Forward
Focused on creating a North American cobalt supply chain
Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park. Leveraging the Company’s own mining assets and business partners, the Electra Battery Materials Park will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, which will serve both North American and global customers. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region’s fast-growing electric vehicle industry.
Cobalt is a hard lustrous metal with high energy density, low thermal conductivity. It is used in certain rechargeable lithium-ion battery electrodes, specifically within the cathode, to provide stability and prolonged battery life.
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