Electra Battery Materials Finalizes Definitive Agreements With Invest For C$17.5M In Funding To Support Construction Of Cobalt Sulfate Refinery In Temiskaming Shores, Ontario
Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra" or the "Company") is pleased to announce that it has finalized definitive agreements with Invest Ontario, an agency of the
Electra Battery Materials got $17.5 million in funding to build a factory that makes cobalt sulfate, which is used in batteries. When a company gets money to build something real, it shows people believe in their plan, so watch whether they actually finish on time and on budget.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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