Electra Announces Strategic Partnership with Marubeni Corporation to explore supply of battery grade cobalt and potential investment.

Electra Battery Materials Corporation is North America's only fully integrated, pure-play battery materials recycler and refiner, focused on establishing a domestic supply chain of critical minerals for the electric vehicle (EV) battery industry. The company is building North America's only cobalt sulfate refinery in Ontario, Canada, to provide secure and environmentally sustainable battery-grade materials.

Marubeni Corporation is a Japanese trading and investment conglomerate with a diverse portfolio of businesses, including power and infrastructure services, energy, metals and mineral resources, and food and agri business. They aim to contribute to regional economies and society by engaging in business fields and markets across the world.