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Electra Announces Nomination of Gerard Hueber, Rear Admiral, U.S. Navy (Retired) to Board of Directors

Core Viewpoint - Electra Battery Materials Corporation has nominated Gerard Hueber, a retired Rear Admiral of the U.S. Navy, to its Board of Directors, aiming to enhance its strategic direction in critical minerals supply chain and energy security [1][3]. Company Overview - Electra Battery Materials is focused on advancing North America's critical minerals supply chain for lithium-ion batteries, with a particular emphasis on developing the only cobalt sulfate refinery in North America [6]. - The company is executing a phased strategy to onshore critical minerals refining and reduce reliance on foreign supply chains, which includes nickel refining and battery recycling initiatives [6]. Leadership and Strategic Insights - Gerard Hueber brings extensive experience from his previous role as Vice President of Naval Power Requirements and Capabilities at Raytheon, overseeing an $8 billion naval portfolio [2]. - His background in national security and industry is expected to provide valuable insights as Electra pursues its strategy to deliver critical minerals for North America's energy future [3][4]. - The addition of Hueber to the Board follows the recent appointment of David Stetson, further strengthening the Board's strategic depth and operational expertise [3]. Future Directions - Electra aims to onshore critical mineral supply chains, reduce reliance on China, and enhance national and economic security through its strategic initiatives [3][5]. - The company is also exploring opportunities for cobalt production in Bécancour, Quebec, and evaluating the potential for nickel sulfate production in North America [6].