The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Above and beyond its agreement to sell cobalt hydroxide feed material to Electra Battery Materials Corp., Glencore has signed a five-year tolling contract for the use of Electra's refinery in Ontario to upgrade additional cobalt hydroxide into battery-grade cobalt. Glencore has been a strong supporter of Electra for a number of years, funding the initial engineering studies and providing technical input as the Canada-based company advanced development of its First Cobalt...
In another step toward realizing its vision of establishing a lithium battery materials park at its First Cobalt refinery in Ontario, Electra Battery Materials Corp. is putting in motion a plan to begin recycling lithium, nickel, cobalt, copper, and graphite from the black mass produced from recycled lithium-ion batteries. "With our existing facility in Canada, Electra can be the first recycler to establish a closed-loop supply of battery materials, making electric vehicles...
The ambitious 2035 target for a complete transition to electric vehicle sales set by most global automakers hinges on establishing reliable and responsible supply chains for the batteries that will power this envisioned electric mobility future. To help meet the burgeoning EV sector's battery material needs, First Cobalt Corp. is moving forward with an integrated battery refining, recycling, and manufacturing park in Ontario. "We see serious strains in the automotive supply...
