Electra's Study on Integrated EV Battery Materials Facility in Ontario Demonstrates Compelling Economics
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Thursday, September 8, 2022
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"The scoping study supports our view that an integrated refining-recycling-pCAM battery materials complex in Ontario would deliver compelling economics, emit low carbon emissions and address the onshoring of battery materials needed by the North American automotive industry."
Key Points:
- "The scoping study supports our view that an integrated refining-recycling-pCAM battery materials complex in Ontario would deliver compelling economics, emit low carbon emissions and address the onshoring of battery materials needed by the North American automotive industry."
- The integrated facility will utilize a hydrometallurgical flowsheet and leverage Electra's emerging expertise and permitted refining complex.
- The scoping study estimates that an NMC 811 battery using materials produced at Electra's integrated facility would be up to 60% less carbon intensive than benchmark values.
- Electra is pursuing a multi-phased approach to build an integrated battery materials park in Ontario.