Electra Battery Materials (NASDAQ:ELBM) is a Canadian critical minerals company focused on the development, extraction and processing of battery-grade materials for electric vehicles and energy storage systems. Founded to address growing demand for ethically sourced nickel, cobalt and lithium, the company operates a vertically integrated platform that spans resource evaluation, hydrometallurgical refining and product distribution. Electra’s approach emphasizes low-carbon processing and traceability throughout its supply chains.
The company’s flagship project, the Douglas Battery Materials Complex in Quebec, employs innovative hydrometallurgical techniques to produce high-purity nickel and cobalt sulphate suitable for battery cathode manufacturers. In parallel, Electra holds interests in lithium exploration assets in Nevada, where it collaborates with global partners to advance the Candelaria Lithium project toward production. By combining upstream resource development with downstream refining capabilities, the company aims to deliver consistent, high-quality output for global original equipment manufacturers and battery cell producers.
Electra Battery Materials serves markets across North America, Europe and Asia, leveraging strong ties with automotive OEMs and battery manufacturers to secure offtake agreements and strategic partnerships. Its operations in Finland, inherited through the acquisition of a historic nickel refinery, expand Electra’s footprint in the European critical minerals sector. The company’s leadership team, led by President and CEO Emmanuel Grenier and supported by industry veterans in metallurgy and resource development, brings extensive experience in project execution, permitting and sustainable mining practices.
With a commitment to environmental stewardship and responsible sourcing, Electra has established a robust ESG framework that addresses community engagement, carbon reduction and waste management. Continued investments in research and development, along with strategic joint ventures, position the company to play a pivotal role in the global transition to clean transportation and renewable energy storage.
