Electra achieves technical grade lithium carbonate in recycling program

Electra Battery Materials announced the achievement of greater than 99% purity, or technical grade, lithium carbonate product. These results further bolster the Company’s ability to produce high-quality, technical and battery-grade products from its black mass recycling project. “Our proprietary hydrometallurgical process has demonstrated repeatedly that it can successfully produce high-quality, saleable products, now including lithium carbonate, along with nickel-cobalt MHP and graphite,” said Electra CEO, Trent Mell. “This achievement of technical grade lithium carbonate at a plant scale may be the first such achievement in North America. It is critical we not only continue to develop the onshore supply chain, but also a closed-loop solution to battery recycling, as EV adoption rates increase. This year, we have received a C$5 million funding commitment from the Government of Canada to develop this next phase of our business, and results such as this will help drive that program forward as we look to scale up,” Mell continued. “Our new joint venture with the Three Fires Group, Aki Battery Recycling, is another critical component in solidifying the future for Electra’s recycling program, as it will provide a steady source of black mass for future continuous operations.”