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  • January 3, 2022
  • Industry News
Electra Battery Materials inks tolling contract with Glencore

Temiskaming refinery to be start processing African cobalt in late 2022

Electra Battery Materials has signed an updated agreement with international miner Glencore in receiving African-mined cobalt in late 2022 to be refined in Temiskaming.

Electra, the owners of a cobalt refinery being refurbished on the outskirts of the town of Cobalt, announced Dec. 30 that it has signed a five-year cobalt tolling contract with Glencore to accept unprocessed cobalt hydroxide feed from Glencore’s KCC mining operation in the Democratic Republic of Congo.

Electra had previously signed a five-year cobalt hydroxide feed purchase agreement with Glencore.

Read the full story from Northern Ontario Business HERE.

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