Electra Battery Materials’ integrated metals processing complex could bring 200 to 300 jobs
Trent Mell and Electra Battery Materials are out to occupy some crucial middle ground in the growing North American electric vehicle industry.
The Toronto company is refurbishing a once-shuttered refinery outside the town of Cobalt that’s 12 months away from the start of production to process cobalt hydroxide coming from the Democratic Republic of Congo into cobalt sulfate, one of the critical materials needed for manufacturing rechargeable batteries for the automakers. But they’re not stopping there.
The cobalt processing plant will be only the first of a proposed four-phase expansion project at the Temiskaming site that will include nickel processing, battery recycling, and a next-step process to blend cobalt and nickel into a battery precursor material.
Pouring concrete for the foundations of new buildings begins in March. If all goes according to the company’s timelines, a fully integrated plant complex should be built out by 2026, creating between 200 and 300 direct jobs, according to Mell, Electra’s president-CEO.