Core Viewpoint - Electra Battery Materials Corporation has completed a feasibility level Class 3 Engineering Study for a modular battery recycling facility, which will enhance North America's battery materials supply chain and energy security [1][4]. Facility and Process - The new facility will recover lithium, nickel, cobalt, manganese, and graphite from lithium-ion battery manufacturing scrap and end-of-life batteries using a proprietary hydrometallurgical process validated through a year-long pilot program [2][5]. - The next phase will involve operating the recycling process under continuous conditions to simulate commercial-scale throughput, funded in part by Natural Resources Canada [3]. Strategic Integration - The cobalt recovered will directly feed into Electra's adjacent cobalt sulfate refinery, which is under advanced construction, thereby creating a closed-loop supply chain for battery materials [4][5]. - Electra's partnership with Aki Battery Recycling ensures a reliable supply of black mass feedstock, supporting both near-term and long-term commercial ambitions [6][13]. Collaboration and Market Engagement - Electra plans to present the engineering study results to downstream partners, including battery manufacturers and OEMs, to determine the optimal scale and timing of the facility [7]. - The study was completed in partnership with Green Li-ion, leading to proprietary improvements that enhance Electra's competitive position in the recycling value chain [8]. National Security and Strategic Minerals - Electra supports North American energy independence amid global competition, particularly against China's dominance in critical mineral processing [9][10]. - The integrated black mass refining program aligns with strategic priorities in Canada and the U.S., emphasizing the importance of cobalt in various applications, including electric vehicles and military-grade batteries [10][11]. Economic and Community Impact - The collaboration with Aki Battery Recycling not only secures a sustainable supply of raw materials but also provides economic benefits to Indigenous communities [6][13][14]. - Electra is committed to building a resilient and inclusive battery materials supply chain in North America, aligning innovation with sustainability and Indigenous economic development [7][14].
Electra Completes Feasibility Level Study on Battery Recycling Facility