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By Shane Lasley
Metal Tech News 

Electra, Glencore cut new cobalt deals

Glencore to toll use of Ontario refinery, supply cobalt feed Metal Tech News - December 30, 2021

 

Last updated 7/12/2022 at 1:47pm

Electra Battery Metals Glencore Ontario Canada cobalt hydroxide feed material

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Glencore has entered a tolling agreement to produce 1,000 metric tons of battery-grade cobalt sulfate per year at Electra's refinery and provide feedstock to produce additional quantities of this critical lithium-ion battery ingredient.

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 techni...



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