Electra Cobalt Sulfate Refinery Feasibility Study: $73M Capex
Electra Battery Materials Corporation's Electra Cobalt Sulfate Refinery in Canada (Ontario, near Toronto) has a Feasibility Study outlining initial capital of $73M.
Electra Battery Materials Corporation's Electra Cobalt Sulfate Refinery has reported Feasibility Study results for the cobalt (as cobalt sulfate) project in Canada (Ontario, near Toronto). It reflects Electra Battery Materials Corporation's (ELBM.V) latest disclosed economics for the asset.
Economics. Initial capital expenditure is estimated at $73M. Economics are based on US$4.50-5.50/lb gross conversion margin (tolling, limited direct cobalt price exposure).
Production and mine plan. The project envisions a refinery (brownfield) operation. Average annual production is approximately 5120 t Co (cobalt metal contained in cobalt sulfate).
Resources and ownership. The company holds a 100% interest in the project.
These figures are extracted from Electra Battery Materials Corporation's technical disclosures and reflect the most recent Feasibility Study on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.