Electra Battery Materials (ELBM)
Builds an Ontario cobalt sulfate refinery and advances battery-recycling options.
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Builds a permitted Ontario refinery intended to make battery-grade cobalt sulfate for lithium-ion battery supply chains. The development-stage platform is also assessing black-mass recycling and other downstream refining projects.
Builds and recommissions a permitted hydrometallurgical refinery near North Cobalt, Ontario, intended to produce battery-grade cobalt sulfate for lithium-ion battery supply chains. The complex was under construction in the latest company update and had not begun commercial production.
Black-mass recycling is an adjacent development project. A plant-scale trial recovered nickel, cobalt, manganese, copper, lithium, and graphite, while feasibility-level engineering has been completed for a modular facility beside the refinery.
Nickel refining, other downstream battery-materials projects, and the Iron Creek cobalt-copper project in Idaho are development options rather than commercial product lines. The refinery program depends on construction completion, feedstock, contractors, regulatory approvals, and capital availability.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $25.4M · Total debt $52.8M · Total assets $139.2M · Shareholders' equity $69.0M
- Revenue
- $0
- Operating income
- $2.9M
- Net income
- $6.4M
Reported in CAD, converted at the latest exchange rate
No dividends on record.
| Institutions | 15.41% | 16.24M shares | |
|---|---|---|---|
| 30 holders · as of Jun 30, 2026 | |||
| Other | 84.59% | 89.17M shares | |
| remainder | |||
105.41M company shares as of Aug 30, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
O'Connor Alternative Investments LLCInstitution | 8.80% | 9.28M | filed Apr 29, 2026 |
Whitebox Advisors LLCInstitution | 6.54% | 6.89M | as of Jun 30, 2026 |
Highbridge Capital Management LLCInstitution | 5.89% | 6.21M | as of Jun 30, 2026 |
Peak6 LLCInstitution | 1.18% | 1.25M | as of Jun 30, 2026 |
Diametric Capital, LPInstitution | 0.49% | 516,559 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- American Battery Technology
U.S. black-mass recycling and planned battery-grade metal refining
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Electra Battery Materials | $0.5602 | −2.66% | $60.7M | — | — | — | — |
| American Battery Technology | $2.32 | −2.93% | $326.0M | — | — | 15.0 | +194.0% |
| Median | — | — | 15.0 | +194.0% |