Electra Battery, Eurasian Resources ink supply agreement

Starting in 2026, Luxembourg-based Eurasian Resources Group will deliver 3,000 tonnes annually of IRA-compliant cobalt from its Metalkol operation in the Democratic Republic of Congo to Electra Battery Materials’ refinery north of Toronto, Canada.  The three-year supply agreement, effective April 1, supports Canadian efforts to onshore the battery supply chain and reduce reliance on foreign refiners. “Partnering with a recognized…

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