No 1 source of global mining news and opinion
Electra Battery Materials has secured a $5 million financing from its existing lenders that would enable the company to start certain early works and winter preparations at its proposed cobalt refinery.
After a series of investments and government fundings, the required project funding was $60 million as of early September. “Given our objective of resuming construction shortly upon completing the project financing package, part of our preparations for the final phase of construction of North America’s only cobalt sulfate refinery is initiating some early works before winter sets in,” stated Electra CEO Trent Mell in a news release.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Galaxy S25 battery and charging: AI to play a role in extended battery lifeAleksandar is a tech enthusiast with a broad range of interests, from smartphones to space exploration. His curiosity extends to hands-on DIY experiments with his gadgets, and he enjoys switching between different brands to experience the latest innovations.
Read more »
‘Droplet battery’: Oxford creates world’s smallest lithium bio-battery for implantsOxford researchers created a tiny, biodegradable lithium-ion battery from hydrogel droplets for various biomedical applications.
Read more »
500 miles: Jeep, Dodge unveil wind tech to turn tables on EV battery rangeStellantis unveiled its Moving Ground Plane (MGP) technology, which can now measure and reduce airflow resistance from wheels and tires.
Read more »
Tiny battery made from silk hydrogel can run a mouse pacemakerA lithium-ion battery made from three droplets of hydrogel is the smallest soft battery of its kind – and it could be used in biocompatible and biodegradable implants
Read more »
175 miles on 10-min charge: ‘World’s first’ hybrid EV battery packs 250-mile rangeChina's CATL, the world's largest EV battery producer, unveils the Freevoy Super Hybrid Battery, paving the way for an advanced hybrid car range.
Read more »
Fatal Bronx fire may be due to lithium-ion battery, fire officials sayA battery was recovered form the scene of a fire that killed one person and displaced 10 others
Read more »