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Home Electra Awarded $5 Million from Government of Canada to Advance Development of Proprietary Battery Metals Recycling Technology

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Electra Awarded $5 Million from Government of Canada to Advance Development of Proprietary Battery Metals Recycling Technology

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced that it has received $5 million in contribution funding from Natural Resources Canada to support the development of its proprietary battery materials recycling technology. In 2023, the Company successfully operated a battery materials recycling demonstration plant in a batch process at its refinery complex, processing more than 40 tonnes of end-of-life battery...

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