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03 Jan
16:22

COBALT: Electra announces commercial agreements with Glencore

Ontario-based Electra Battery Materials has signed a five-year cobalt tolling contract and amended the previously concluded five-year cobalt hydroxide feed purchase agreement with Swiss-based Glencore, Kallanish reports. Electra plans to produce a traceable, low-carbon, battery-grade cobalt product for the electric vehicle market, and the two companies will market the Canadian-made cobalt sulfate as a premium brand that is sustainably mined and refined with renewa…
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