Electra is currently retrofitting its existing cobalt sulphate refinery in Temiskaming Shores, Ontario, to accommodate its proprietary hydrometallurgical process designed to treat black mass.
Investors piled into The Metals Company on Wednesday after it said it completed its first collection run of battery metals from more than four kilometres below the surface of the Pacific ocean.
If the answer to the energy crisis is a faster rollout of renewable alternatives to fossil fuels, then the problem is that the current situation is hindering the solution.