Brief: Electra And LG Energy Solution Sign Three-Year Cobalt Supply Agreement

Electra Battery Materials

22/09/2022 18:28

Sept 22 (Reuters) - ELECTRA BATTERY MATERIALS CORP 
    * ELECTRA AND LG ENERGY SOLUTION SIGN THREE-YEAR COBALT SUPPLY AGREEMENT
    * ELECTRA BATTERY MATERIALS CORP - ELECTRA HAS AGREED TO SUPPLY LGES WITH 7,000 TONNES OF
BATTERY
GRADE COBALT FROM 2023 TO 2025
    * ELECTRA BATTERY MATERIALS CORP - MATERIAL WILL BE SUPPLIED FROM ONLY COBALT SULFATE
REFINERY IN
NORTH AMERICA, LOCATED NORTH OF TORONTO, ONTARIO
    * ELECTRA BATTERY MATERIALS CORP - FINANCIAL TERMS OF SUPPLY AGREEMENT WERE NOT DISCLOSED.

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