Electra Cobalt Sulfate Refinery Restart
Sector: Energy Storage • Location: Temiskaming Shores, Ontario, Canada
Source: Automotive News
Electra Battery Materials Corp. is preparing to restart construction on its stalled cobalt sulfate refinery in Temiskaming Shores, Ontario. The project had been largely stalled since 2023 due to cost overruns, equipment delays, and financial constraints. The company plans to invest $750,000 in an early works program including equipment installations and concrete work to advance the project after a
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Electra Battery Materials Corp. is preparing to restart construction on its stalled cobalt sulfate refinery in Temiskaming Shores, Ontario. The project had been largely stalled since 2023 due to cost overruns, equipment delays, and financial constraints. The company plans to invest $750,000 in an early works program including equipment installations and concrete work to advance the project after a two-year delay. Electra estimates needing about US $60 million to complete the refinery, with $54 million already committed from an unnamed strategic investor and the Canadian and U.S. governments, leaving a $6 million funding gap. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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