Electra signs battery recycling, cobalt sulfate supply deal with Marubeni

Electra Battery Materials Corp has signed a battery recycling and cobalt sulfate supply agreement with Japanese conglomerate Marubeni Corp, the Canada-based company said.

The memorandum of understanding encompasses sourcing of black mass derived from recycled lithium-ion batteries for Electra’s Canadian refinery and marketing of Electra’s cobalt sulfate in Japan.

Electra, previously...

Published

Andrea Hotter

January 19, 2022

15:30 GMT

New York