Electra Battery Materials, LG Energy Strike New Binding Term Over Supply Of Battery-Grade Cobalt
Benzinga·03/10/2026 12:12:27
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Electra Battery Materials Corporation (NASDAQ:ELBM, TSXV:ELBM) ("Electra"), a leader in advancing North America's critical minerals processing, is pleased to announce that LG Energy Solution (LGES; KRX: 373220), a leading global manufacturer of lithium-ion batteries, has reaffirmed its partnership with Electra through the signing of a new binding term sheet that details the updated contract period for the long-term supply of battery-grade cobalt from Electra's Ontario refinery (dated March 6, 2026).
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