Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) has made its first customer shipment of nickel-cobalt produced at its refinery complex in Temiskaming Shores, Ontario, from recycled battery material.
The nickel-cobalt mixed hydroxide precipitate product was produced using Electra’s proprietary hydrometallurgical process as part of the company’s black mass recycling trial.
He added that since the trial’s launch in late 2022, they have proven that their proprietary process works successfully and produces high-quality products.
Black mass is the material remaining once expired lithium-ion batteries are shredded and all casings removed. It contains high-value elements, including nickel, cobalt, lithium, manganese, and graphite, that can be recycled to produce new lithium-ion batteries.
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