Electra Battery Materials Awards $8.3M Contract to Complete Temiskaming Cobalt Refinery Construction
STRATEGIC MINERALSENERGY STORAGE
Electra Battery Materials Corporation has contracted EXP Services Inc. for $8.3 million to manage the completion of its cobalt refinery project in Temiskaming Shores, aiming for mechanical completion in early 2027 and production shortly after. The project, which was halted in 2023 due to financial and logistical issues, is set to produce 5,100 tonnes of battery-grade cobalt sulfate annually, increasing to 6,500 tonnes. Site preparations and procurement activities are already underway.

Feb 11, 2026, 1:31 PM