Brief: Electra Provides Update On Refinery Project And Black Mass Economics Launches Strategic Review Process

Electra Battery Materials

11/05/2023 13:41

May 11 (Reuters) - Electra Battery Materials Corp
 ELBM.V :
    * ELECTRA PROVIDES UPDATE ON REFINERY PROJECT AND BLACK MASS
ECONOMICS; LAUNCHES STRATEGIC REVIEW PROCESS
    * ELECTRA BATTERY MATERIALS CORP- BOARD OF DIRECTORS WILL
EVALUATE
A RANGE OF ALTERNATIVES IDENTIFIED BY STRATEGIC REVIEW PROCESS
    * ELECTRA BATTERY MATERIALS CORP- INTENDS TO CONTINUE
PROCESSING
BLACK MASS WHILE IMPLEMENTING COST CONTROL MEASURES
    * ELECTRA BATTERY MATERIALS CORP- TO LIMIT EXPENDITURES ON
COBALT
REFINERY PROJECT, WITH VIEW TO PRESERVE LIQUIDITY TILL STRATEGIC
PROCESS IS OVER

Source text for Eikon:  ID:nBwc6kyCLa 
Further company coverage:  ELBM.V 

 ((Reuters.Briefs@thomsonreuters.com;))