Refining cobalt in Cobalt, Ont.? That's the plan for this northern Ontario town
Electra Battery Materials is constructing a $100-million cobalt refinery in Cobalt, Ontario, aimed at securing a domestic supply chain for electric vehicle batteries. The facility is expected to be operational by 2027 and will process raw cobalt into battery-grade sulfate.
Why it matters
Represents a strategic move to localize critical mineral processing and reduce reliance on foreign supply chains for green technology.
When completed, the facility will process mined cobalt rock — refining it into cobalt sulfate, an essential ingredient in lithium-ion batteries used in everything from electric vehicles and smartphones to fighter jets.
Focuses on industrial development and economic strategy with a neutral, informative tone.
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