{"id":913484,"date":"2025-11-25T07:36:21","date_gmt":"2025-11-25T12:36:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/"},"modified":"2025-11-25T07:36:21","modified_gmt":"2025-11-25T12:36:21","slug":"electra-signs-agreement-with-north-american-pcam-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/","title":{"rendered":"Electra Signs Agreement with North American pCAM Company"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Nov.  25, 2025  (GLOBE NEWSWIRE) &#8212; <strong>Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM)<\/strong> (\u201c<strong>Electra<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d), a leader in advancing North America\u2019s critical minerals processing, and Positive Materials Inc. (\u201cPositive\u201d), a Canadian-based company onshoring proven commercial precursor cathode active material (\u201cpCAM\u201d) manufacturing technology (\u201cProject Positive<sup>+<\/sup>\u201d) in Canada, today announce the signing of a Supply Chain Cooperation Agreement to support the growth of North America\u2019s lithium-ion battery and energy storage industries.<\/p>\n<p align=\"justify\">To complement its existing offtake agreement with LG Energy Solution, Electra is engaged in preliminary discussions with multiple parties regarding potential commercial arrangements that, if advanced, could further broaden the customer base of its refinery. The agreement with Positive is targeting a North American commercial and technical relationship for Electra\u2019s cobalt sulfate production. The partnership reflects a shared commitment to process ethically sourced battery raw materials domestically and to strengthen the resilience, sustainability, and competitiveness of North America\u2019s critical minerals supply chain.<\/p>\n<p align=\"justify\">\u201cElectra is constructing North America\u2019s first battery-grade cobalt sulfate refinery, and this agreement represents another component of building a fully localized and environmentally responsible supply chain. Partnering with Positive allows us to explore processing synergies and jointly support customers seeking secure, transparent sourcing,\u201d said Electra CEO, Trent Mell.<\/p>\n<p align=\"justify\">\u201cThe \u201c<em>pCAM-as-a-service<\/em>\u201d toll processing business model for Project Positive<sup>+<\/sup> is perfectly aligned with downstream customer preference to secure high provenance, sustainable critical mineral feedstocks, with our agreement with Electra supporting local procurement opportunities. This partnership with Electra brings the Canadian lithium-ion battery supply chain one step closer to a fully integrated domestic industry, capturing the entire mine-to-market value,\u201d said Positive CEO, Marco Romero.<\/p>\n<p align=\"justify\">The two companies will evaluate opportunities to integrate Electra\u2019s battery-grade cobalt sulfate with Positive\u2019s planned North American pCAM operations in Belledune, New Brunswick. The collaboration will focus on aligning product specifications and supporting downstream processing pathways that meet the evolving needs of North American and European customers.<\/p>\n<p align=\"justify\">Electra continues to demonstrate its commitment to government strategies aimed at securing critical mineral supply chains and supporting long-term industrial competitiveness. Engagement with downstream clients and emerging innovators ensures alignment across the value chain from mine to market while contributing to North America\u2019s broader battery materials strategy.<\/p>\n<p align=\"justify\">\n        <strong>About Electra Battery Materials<\/strong>\n      <\/p>\n<p align=\"justify\">Electra is a leader in advancing North America\u2019s critical minerals supply chain for lithium-ion batteries. The Company\u2019s primary focus is constructing North America\u2019s only cobalt sulfate refinery, as part of a phased strategy to onshore critical minerals refining and reduce reliance on foreign supply chains. In addition to the Refinery, Electra holds a significant land package in Idaho\u2019s Cobalt Belt, including its Iron Creek project and surrounding properties, positioning the Company as a potential cornerstone for North American cobalt and copper production.<\/p>\n<p align=\"justify\">Electra is also advancing black mass recycling opportunities to recover critical materials from end-of-life batteries, while continuing to evaluate growth opportunities in nickel refining and other downstream battery materials. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SCXEobTznH-_ZVEAzP3P5gKVx1psCCPK4wtpmf_G7v-QryxkhcW3aJ8jtk5HbKVYst6s0m7vPi-IprSLAiw0FMOEIa8u1EP75ZjushL3rWo=\" rel=\"nofollow\" target=\"_blank\">www.ElectraBMC.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About Positive Materials<\/strong>\n      <\/p>\n<p align=\"justify\">Positive Materials Inc. is a private Canadian company led by an experienced, multidisciplinary team of professionals that is exclusively focused on becoming the most competitive producer of precursor cathode active materials in North America, all while achieving <u>technical, <\/u>environmental and social excellence. pCAM is the missing link in the North American battery supply chain.<\/p>\n<p align=\"justify\">\n        <strong>About Project Positive<sup>+<\/sup><\/strong>\n      <\/p>\n<p align=\"justify\">Project Positive<sup>+<\/sup> is an initiative to build a state-of-the-art, sustainable and high-quality pCAM manufacturing facility in Belledune, New Brunswick, Canada, using commercially proven technology. It is a collaboration between Positive Materials Inc, and the Pabineau First Nation and Ugpi\u2019Ganjig First Nation, on whose ancestral territory the project is located.<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong><br \/>\n        <br \/>Heather Smiles<br \/>Vice President, Investor Relations &amp; Corporate Development<br \/>Electra Battery Materials<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ssDhzJ61wYE_TRDGJsbj_ZuF-P0wqZa5S3Jxa3Pkrq6QcvATJwJrLQFzovAa7bmxp_7_G3ZGx8NUmiRRVjutosX3jxY902-jpBJtKhdN8oA=\" rel=\"nofollow\" target=\"_blank\">info@ElectraBMC.com<\/a><br \/>1.416.900.3891<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong><br \/>\n        <br \/>Marco Romero<br \/>CEO<br \/>Positive Materials Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ssDhzJ61wYE_TRDGJsbj_QhUjamctF3c7hxDInsCA4qE4FBy9ES311POtaLDOLdj_c5dIkeltdfSGAI9Cfl8Vw==\" rel=\"nofollow\" target=\"_blank\">info@posmat.ca<\/a><br \/>1.604.802.3320<\/p>\n<p align=\"justify\">\n        <em>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Cautionary Note Regarding Forward-Looking Statements<\/strong><br \/>\n        <br \/>\n        <em>This news release may contain forward-looking statements and forward-looking information (together, \u201cforward-looking statements\u201d) within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as \u201cplans\u201d, \u201cexpects\u201d, \u201cestimates\u201d, \u201cintends\u201d, \u201canticipates\u201d, \u201cbelieves\u201d or variations of such words, or statements that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d, \u201coccur\u201d or \u201cbe achieved\u201d. Forward-looking statements are based on certain assumptions, and involve risks, uncertainties and other factors that could cause actual results, performance, and opportunities to differ materially from those implied by such forward-looking statements. Among the bases for assumptions with respect to the potential for additional government funding are discussions and indications of support from government actors based on certain milestones being achieved. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the management discussion and analysis and other disclosures of risk factors for Electra Battery Materials Corporation, filed on SEDAR+ at <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VC6bcEsO7gfakc5974ZPU201jwDu8Uv1b_mPGDB1Nqa1zviJRdKMBTKbtw6OPS8djB2awynr9ZXK38gproG26cfATD3_qhXULq5YbRMPM1I=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <em>www.sedarplus.com<\/em><br \/>\n        <\/a><br \/>\n        <em> and with EDGAR at <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VC6bcEsO7gfakc5974ZPUyyUUBCr-B-JJXArUdnlJKzHMrKwabyHoEVUpCkDbhFQqEbm7pAAifScPpPEX0uiiQ==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <em>www.sec.gov<\/em><br \/>\n        <\/a><br \/>\n        <em>. Other factors that could lead actual results to differ materially include changes with respect to government or investor expectations or actions as compared to communicated intentions, and general macroeconomic and other trends that can affect levels of government or private investment. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.<\/em>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU5MjAxNiM3MjkxNDI0IzIwOTUxMjc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YzRmYjBmNzgtYTMyNC00ZmVjLTllYjUtNWU3MDUzN2M5MWE1LTExMDY2OTgtMjAyNS0xMS0yNS1lbg==\/tiny\/Electra-Battery-Materials-Corp.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) &#8212; Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (\u201cElectra\u201d or the \u201cCompany\u201d), a leader in advancing North America\u2019s critical minerals processing, and Positive Materials Inc. (\u201cPositive\u201d), a Canadian-based company onshoring proven commercial precursor cathode active material (\u201cpCAM\u201d) manufacturing technology (\u201cProject Positive+\u201d) in Canada, today announce the signing of a Supply Chain Cooperation Agreement to support the growth of North America\u2019s lithium-ion battery and energy storage industries. To complement its existing offtake agreement with LG Energy Solution, Electra is engaged in preliminary discussions with multiple parties regarding potential commercial arrangements that, if advanced, could further broaden the customer base of its refinery. The agreement with Positive is targeting a North American commercial and technical &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Electra Signs Agreement with North American pCAM Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-913484","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Electra Signs Agreement with North American pCAM Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electra Signs Agreement with North American pCAM Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) &#8212; Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (\u201cElectra\u201d or the \u201cCompany\u201d), a leader in advancing North America\u2019s critical minerals processing, and Positive Materials Inc. (\u201cPositive\u201d), a Canadian-based company onshoring proven commercial precursor cathode active material (\u201cpCAM\u201d) manufacturing technology (\u201cProject Positive+\u201d) in Canada, today announce the signing of a Supply Chain Cooperation Agreement to support the growth of North America\u2019s lithium-ion battery and energy storage industries. To complement its existing offtake agreement with LG Energy Solution, Electra is engaged in preliminary discussions with multiple parties regarding potential commercial arrangements that, if advanced, could further broaden the customer base of its refinery. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/","og_locale":"en_US","og_type":"article","og_title":"Electra Signs Agreement with North American pCAM Company - Market Newsdesk","og_description":"TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) &#8212; Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (\u201cElectra\u201d or the \u201cCompany\u201d), a leader in advancing North America\u2019s critical minerals processing, and Positive Materials Inc. (\u201cPositive\u201d), a Canadian-based company onshoring proven commercial precursor cathode active material (\u201cpCAM\u201d) manufacturing technology (\u201cProject Positive+\u201d) in Canada, today announce the signing of a Supply Chain Cooperation Agreement to support the growth of North America\u2019s lithium-ion battery and energy storage industries. To complement its existing offtake agreement with LG Energy Solution, Electra is engaged in preliminary discussions with multiple parties regarding potential commercial arrangements that, if advanced, could further broaden the customer base of its refinery. The agreement with Positive is targeting a North American commercial and technical &hellip; Continue reading \"Electra Signs Agreement with North American pCAM Company\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-25T12:36:21+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU5MjAxNiM3MjkxNDI0IzIwOTUxMjc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Electra Signs Agreement with North American pCAM Company","datePublished":"2025-11-25T12:36:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/"},"wordCount":987,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU5MjAxNiM3MjkxNDI0IzIwOTUxMjc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/electra-signs-agreement-with-north-american-pcam-company\/","name":"Electra Signs Agreement with North American pCAM Company - 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