Electra Battery Materials C$12.4M Deal Boosts Refinery

Electra Battery Materials Corporation recently awarded a substantial C$12.4 million construction package to Kilmarnock Enterprises on June 4. This contract involves structural, mechanical, and piping work for Electra's cobalt sulfate refinery complex situated north of Toronto.

The awarded package encompasses essential refinery retrofit, installation, and commissioning-readiness activities across various process areas. This includes concrete and civil work, structural steel erection, process equipment installation, and piping fabrication, with ongoing commissioning support.

To date, Electra has awarded approximately C$46 million in construction packages for the refinery. The company affirms that major construction components are now in place, with the project progressing according to its initial budget and schedule. The refinery is integral to Electra's broader strategy for a North American battery-materials supply chain, integrating its battery-recycling operations focused on materials recovery from end-of-life lithium-ion batteries.