Electra Battery Materials Corporation (TSX-V:ELBM, OTCQX:ELBMF) chief financial officer Ryan Snyder joined Proactive's Stephen Gunnion with an update on the building of North America's only battery grade cobalt refinery.
Snyder telling Proactive that foundations for the solvent extraction plant have begun and the project remains on budget at US$67 million, and on schedule to be commissioned in December 2022.
While global supply chains are under renewed pressure due to the resurgence of coronavirus and the Russian war in Ukraine, Snyder said Electra Battery Materials secured much of its equipment from North America so has been less affected by the disruptions.