Ontario government supports Electra Battery refinery with $17.5M investment

Ontario government supports Electra Battery refinery with $17.5M investment

The Government of Ontario has announced a proposed investment of $17.5 million to support the construction of a cobalt sulfate refinery by Electra Battery Materials Corporation in Temiskaming Shores. The funding, provided through Invest Ontario, is part of a broader $100 million project aimed at increasing domestic capacity for processing critical minerals used in electric vehicle batteries. The facility, once completed, will be the first in No…