Electra’s Ontario refinery uses hydrometallurgical processes to produce battery-grade cobalt sulfate and advanced recycling capabilities to recover lithium, nickel, cobalt and graphite, achieving 99% purity in lithium carbonate. The Bécancour project in Quebec integrates cobalt sulfate production with precursor manufacturing using hydroelectric power. Collaborations on nickel sulfate production and the Iron Creek cobalt-copper deposit in Idaho further support a traceable, low-carbon domestic supply chain with strict quality and environmental controls.
Electra’s key products include battery-grade cobalt sulfate, nickel sulfate and recycled lithium carbonate (99% purity) for electric vehicle battery manufacturing.
2025: US Department of Defense awarded US$20 million for a cobalt sulfate refinery project targeting 5,000 tonnes of annual production; Government of Canada awarded C$5 million to enhance recycling technology, successfully processing over 40 tonnes of end-of-life batteries.
US Department of Defense awarded $20M under the DPA Title III program; executed a non-binding term sheet for a $20M prepayment facility with a strategic partner; LG Energy Solution committed to purchasing up to 80.0% of cobalt sulfate output over five years; completed $5M convertible notes financing in 2024.
