By Adriano Marchese Rock Tech Lithium said Tuesday it has signed a preliminary agreement to receive recycled lithium for refinement from Electra Battery.
Electra Battery Materials Corp. (ELBM, ELBM.V) on Tuesday signed a memorandum of understanding with lithium development company Rock Tech Lithium (RCK.V) for the development of a partnership to supply recycled lithium from Electra's Ontario battery recycling operations for upgrading to battery-grade lithium chemicals in Rock Tech's lithium refineries.
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These companies deal with priority minerals such as nickel, graphite and cobalt. If successful in their applications, they could receive funding that would accelerate their production timelines.
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