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Electra's Canada cobalt refinery costs rise

Electra Battery Materials expects capex costs at its expanded cobalt refinery in Ontario to be 5-10% above the original planned US$67 million, the firm said.

Electra's Canada cobalt refinery costs rise Electra's Canada cobalt refinery costs rise Electra's Canada cobalt refinery costs rise Electra's Canada cobalt refinery costs rise Electra's Canada cobalt refinery costs rise

Electra sees higher refinery costs

Cost pressures have emerged from systemic inflation, constrained global supply chains and the sanctions on trade with Russia that had increased the average cost of project inputs, such as steel,