Electra is building North America’s only fully integrated, localized & environmentally sustainable battery materials park for the region's growing EV industry.
Toronto, Ontario
Joined March 2017
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CEO Trent Mell recently spent time with the team at the refinery, seeing firsthand the progress being made and the work ahead. With 110 people on site, there’s real energy as crews bring the facility closer to start-up.
Here’s the latest view from above.
Global cobalt demand grew 13% in 2025, according to Benchmark Mineral Intelligence, reflecting its expanding use across battery, industrial and military applications.
Batteries remain the main driver of growth, with demand for cobalt metal also increasing in defense and aerospace.
Electra’s Ontario refinery is designed to produce battery-grade cobalt sulfate, adding North American refining capacity to serve this growing market.
Source: Benchmark Mineral Intelligence, May 2026.
ALT Electra Battery Materials logo at the top with a green background featuring a graph line. Text reads: "276,000 tonnes Global cobalt demand in 2025." Source: Benchmark Mineral Intelligence, May 2026. NASDAQ: ELBM, TSX.V: ELBM.
Electra Signs Term Sheet for Strategic Partnership with Global Commodities Trader WMC
Read More: bit.ly/47d6qUD
NASDAQ: $ELBM | TSX-V: ELBM
Electra is heading to Detroit for The Battery Show next week.
Douglas Geniti, Senior Advisor, from the Commercial team, will be there to connect with industry leaders and share updates on the cobalt refinery and the work to build a more secure North American battery materials supply chain.
See you in Detroit!
ALT The image is a promotional graphic for "The Battery Show" taking place in Detroit, Michigan, from October 12-15. It features the logo of Electra Battery Materials at the top. The image includes a black and white portrait of Douglas Geniti, who is identified as a Senior Advisor for Commercial Strategy. The bottom displays stock symbols "NASDAQ: ELBM" and "TSX.V: ELBM.
Electra’s CEO Trent Mell was at the refinery this week, connecting with Garzon Duenas, our General Manager and Commissioning Lead, and seeing the latest construction progress firsthand.
With 110 people working on site, construction is moving forward as the team prepares for commissioning and operations.
This is what a secure critical minerals supply chain looks like.
Building a more resilient battery supply chain requires investment across every stage, including refining.
The IEA’s 2026 outlook finds that mining is becoming more geographically diverse, while refining capacity remains concentrated. Expanding processing capacity helps connect mineral supply with the products customers need.
This is the part of the supply chain Electra is focused on. Our Ontario refinery is designed to produce battery-grade cobalt sulfate in North America
Read more ⬇️
bit.ly/3VTvnBV
Electra Appoints General Manager to Lead Cobalt Refinery Commissioning and Operations
Read More: bit.ly/4dRw6cY
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On the National Day for Truth and Reconciliation, we pause to remember the children who never returned home and to honour Survivors, their families and Indigenous communities. May this day encourage continued reflection, learning and a shared commitment to reconciliation. 🧡
A secure cobalt supply chain requires more than access to refining capacity, dependable feedstock, customer qualification and construction execution.
In August, Electra advanced work across each of these areas from defense supply-chain discussions in Philadelphia and commercial meetings in Korea to continued construction at our Ontario refinery.
Our latest blog examines how these efforts support the development of a more complete North American cobalt supply chain.
Read more: bit.ly/4hSrqpI
Our team will be at the Explore Your Options Job Fair tomorrow in Temiskaming Shores. If you’re thinking about your next step, stop by our booth to learn about opportunities at Electra and the work underway at our Ontario cobalt sulfate refinery.
We’d love to say hello!
📍 Horne Granite Curling Club
🗓️ September 24 | 11 a.m.–4 p.m.
We’re hiring.
As Electra advances construction and prepares for commissioning at the refinery, we are growing our team. We’re looking for detail-oriented individuals who value safety, accountability and working collaboratively to solve practical challenges.
Explore our current opportunities ⬇️
bit.ly/46xZSAo
Electra Advances Phased Nickel Refining and Battery Recycling Strategy for North America
Read more: bit.ly/4xohPeN
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Government investment is helping strengthen critical minerals supply chains, but refining capacity remains limited across North America.
Building that capacity is essential to reducing reliance on overseas processing and supporting long-term supply security. Electra is helping address this gap through the construction of its North American cobalt sulfate refinery.
Last month, Electra attended DIBX 2026 in Philadelphia.
Strengthening the North American defense industrial base requires secure access to critical minerals and the domestic capacity to process them. Important progress is being made, and the momentum continues to build.
#DIBX2026 #CriticalMinerals #DefenseIndustrialBase #SupplyChainSecurity
Electra’s leadership team will participate in upcoming investor and industry conferences across North America, engaging with investors, strategic partners and industry participants as we advance construction of our Ontario cobalt sulfate refinery and our broader critical-minerals strategy.
Upcoming engagements include the H.C. Wainwright 28th Annual Global Investment Conference in New York and the Precious Metals Summit in Beaver Creek.
Read the full release ⬇️
bit.ly/3UDJ7Ac
Last month, Electra's CEO Trent Mell and VP Commercial Michael Insulan visited Korea to meet with various commercial contacts including LG Energy Solution. The visit provided an opportunity to connect in person, discuss our ongoing collaboration and share updates on the progress underway at Electra.
Thank you for the warm welcome and productive discussions.
Electra Strengthens Commercial Team with Appointment of Veteran Cobalt and Nickel Trader Douglas Geniti
Read more: bit.ly/4x2lcYH
NASDAQ: $ELBM | TSX-V: ELBM
Thank you, Nasdaq, for celebrating the appointment of Peter Rawlins as Electra's Chief Financial Officer with a feature on the Nasdaq Tower in Times Square
An exciting welcome for Peter and a proud moment for the Electra team!
Electra and Ontario Advance North America’s Critical Minerals Future with $17.5 Million Funding Agreement
Read more: bit.ly/4xt0BxW
NASDAQ: $ELBM | TSX-V: ELBM
