Electra Signs Definitive $20 Million Investment Agreement with Government of Canada to Advance Strategic Refinery

Electra Battery Materials Corporation has secured a binding $20 million investment agreement with the Government of Canada under the Strategic Response Fund to support the completion of construction and commissioning of North America's only battery-grade cobalt sulfate refinery in Temiskaming Shores, Ontario. The facility is expected to achieve mechanical completion in Q2 2027 with initial annual production capacity of approximately 5,120 tonnes of battery-grade cobalt, increasing to 6,500 tonnes at full capacity. A majority of production will be sold to LG Energy Solution under an offtake arrangement.

05/04/2026, 1:40 PM • GlobeNewswire

U.S. Rare Earth Processor Locks In Supply Ahead of 2027 Cutoff

REalloys (ALOY) has secured a supply agreement with U.S. Critical Materials Corp for rare earth materials from the Sheep Creek project in Montana, ahead of a January 2027 deadline banning Chinese rare earth materials from U.S. military defense systems. The company is building metallization capacity in Ohio to convert rare earth oxides into finished metals and alloys, with backing from Pentagon officials and federal financing support.

04/07/2026, 8:00 AM • Benzinga

Electra Restarts Construction and Reports 2025 Financial Results

Electra Battery Materials Corporation announced successful completion of recapitalization and restart of construction on its cobalt sulfate refinery in Ontario. The company secured US$73 million in approved construction budget, arranged US$82 million in aggregate funding from government and private sources, and reactivated full-scale construction in November 2025. The refinery is expected to reach mechanical completion in Q2 2027 with commercial production by Q4 2027. The company also advanced battery recycling initiatives and strengthened its board with industry experts.

03/27/2026, 5:28 PM • GlobeNewswire

Electra Announces CFO Transition

Electra Battery Materials announced that CFO Marty Rendall is resigning at the end of February to pursue an opportunity with a larger organization. David Allen, who previously served as CFO from 2023 to late 2024, will return as Interim CFO effective February 28, 2026. CEO Trent Mell praised Rendall's contributions in strengthening the balance sheet and advancing refinery construction strategy.

02/04/2026, 7:00 AM • GlobeNewswire

Electra Advances Idaho Cobalt-Copper Assets as Cornerstone of America’s Critical Minerals Independence

Electra Battery Materials is expanding its exploration of cobalt-copper deposits in Idaho, focusing on domestic mineral production to support U.S. critical minerals independence and reduce foreign supply chain reliance.

10/27/2025, 7:00 AM • GlobeNewswire

Electra Unveils Demonstration Facility along with Advanced Purchase Commitments for Clean Iron and Environmental Attributes

Electra announced a new 130,000 square foot demonstration facility in Colorado to produce low-carbon, high-purity iron, with strategic purchase agreements from Nucor, Toyota Tsusho, and INTERFER Edelstahl Group, and environmental attribute credit support from Meta.

10/21/2025, 12:00 PM • GlobeNewswire

Electra, Solidion Lead Battery Stock Boom: Here's Why

Battery stocks surged after China announced export controls on advanced lithium battery technologies, with investors anticipating potential supply disruptions and increased value for North American battery material producers.

10/13/2025, 2:27 PM • Benzinga

Electra US$30 Million Financing Fully Subscribed

Electra Battery Materials successfully completed a fully subscribed private placement financing of US$30 million, aimed at advancing North America's first cobalt sulfate refinery in Temiskaming Shores, Ontario.

09/26/2025, 8:00 AM • GlobeNewswire

Electra Provides Update on Restructuring Terms to Advance Completion of Cobalt Refinery

Electra Battery Materials is restructuring its debt by converting approximately US$41.3 million of secured convertible notes into equity, reducing near-term debt obligations and supporting the construction of North America's first battery-grade cobalt sulfate refinery.

09/16/2025, 3:36 PM • GlobeNewswire

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

Electra Battery Materials Corporation nominated Rear Admiral Gerard Hueber (Retired) to its Board of Directors, bringing extensive naval and industry experience to support the company's critical minerals supply chain strategy.

09/09/2025, 7:00 AM • GlobeNewswire

Electra Completes Early Works Program, Accelerating Refinery Construction Restart

Electra Battery Materials has completed its early works program at its cobalt refinery near Toronto, advancing site preparation and positioning for full construction restart with strategic government funding support.

09/03/2025, 7:00 AM • GlobeNewswire

Industry Leader David Stetson Joins Electra Board of Directors

Electra Battery Materials appointed David Stetson to its Board of Directors, bringing extensive leadership experience in natural resources. The appointment follows a recapitalization process and bridge financing to strengthen the company's financial foundation and advance its critical minerals supply chain strategy.

08/25/2025, 7:00 AM • GlobeNewswire

Electra Files Second Quarter 2025 Financial Reports

Electra Battery Materials launched early works for its cobalt refinery, began testing North American cobalt feedstock, and completed a feasibility study for a battery recycling facility. The company is working to strengthen its capital structure while advancing its battery materials supply chain strategy.

08/15/2025, 7:00 AM • GlobeNewswire

Electra Begins Testing North American Feedstock for Cobalt Refinery

Electra Battery Materials is conducting metallurgical testing on cobalt feedstock from Ontario's historic Cobalt Camp and its Iron Creek project in Idaho to diversify its refinery's feedstock pipeline and support North American critical minerals supply chain development.

07/31/2025, 7:00 AM • GlobeNewswire

Electra Commences Early Works to Support Restart of North America’s Only Cobalt Refinery

Electra Battery Materials Corporation announces the launch of an early works program at its cobalt refinery north of Toronto, reaffirming its commitment to onshoring North America's critical minerals processing and building a resilient, domestic battery materials supply chain.

06/19/2025, 7:00 AM • GlobeNewswire