Electra Advances Idaho Cobalt-Copper Assets

Electra Battery Materials Corporation has initiated a new program to advance mineral deposit modeling and feedstock integration at its Iron Creek cobalt-copper project in Idaho. This move supports U.S. efforts to onshore critical mineral production and reduce dependence on foreign supply chains. The company has completed financing for its North American cobalt refinery, with construction set to resume. Electra is leveraging its strengthened balance sheet to advance its next phase of growth, focusing on domestic mining capabilities to meet rising U.S. demand for critical minerals. The company has commenced a bench-scale lab program evaluating cobalt feedstocks from several North American deposits and is conducting a new geological research program at Iron Creek in partnership with the Centre to Advance the Science of Exploration to Reclamation in Mining (CASERM).