Electra Battery completes early works program

Executive Summary

• Electra Battery Materials Corp. completed its early‑works program at the north‑Toronto cobalt refinery, clearing a key prerequisite for resuming full‑scale construction.
• The work, funded in part by strategic government support, advanced the solvent extraction (SX) facility and included concrete foundations, equipment installation, roofing, and utility upgrades.
• Management highlighted that the milestone shortens ramp‑up time for a full construction crew and reinforces Electra’s role in building a domestic battery‑grade cobalt supply chain.

Key Details

• Early‑works program focused on site‑level activities to ready the refinery for full construction restart.
• Concrete foundation work completed for SX tanks; processing equipment installed; structural roofing erected.
• Power, lighting and septic system upgrades finished; engineering and long‑lead procurement activities advanced.
• The initiative was supported by strategic government funding aimed at onshoring critical minerals processing.
• Vice‑President of Projects Mark Trevisiol stated the milestone positions the refinery for efficient, timely execution once construction resumes.
• CEO Trent Mell emphasized disciplined execution and progress toward delivering reliable North American cobalt supply and long‑term stakeholder value.

Notable Quotes

• “This milestone brings us closer to resuming full construction of the refinery.” – Mark Trevisiol, Vice‑President, Projects
• “We are positioning Electra to be a foundational part of North America's energy future.” – Trent Mell, CEO