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Electra Battery Materials Corporation

IndustrialGrowth

Advancing sustainable battery materials through innovative processing technology

🌐 www.electrabatterymaterials.comLinkedIn📍 ONEst. 2016👥 51-200 employees
1Rounds
0Articles
General InformationElectra Battery Materials is a Canadian company founded in 2016 that specializes in battery precursor materials, with 51-200 employees headquartered in Ontario, focused on hydrometallurgical processing of nickel laterite ore.
Funding & FinancialsThe company has raised significant growth-stage capital including venture and strategic funding, with recent rounds supporting commercial-scale facility development for nickel sulfate production.
Leadership & TeamLed by CEO Trent Mell, the company has assembled an executive team with expertise in hydrometallurgy, battery materials, and mineral processing with backgrounds from established mining and chemical companies.
Recent ActivityRecent developments include construction and commissioning of commercial production facilities in North America to scale nickel sulfate output and establish long-term offtake agreements with major battery material suppliers and EV manufacturers.

Highlights

Total Raised
1 rounds
Latest Round
$20
May 8, 2026
Stage
Growth
industrial
Employees
51-200
Founded 2016
Headquarters
ON
News Coverage
Talent Signals
SEC Filings

Backers

Government of Canada

Funding History

$20
2026
Government Investment Agreement
SEC Form D   Editorial
May 8, 2026
C$20 millionGovernment Investment Agreement · Editorial

Investors: Government of Canada

Definitive investment agreement with Canadian government for cobalt sulfate refinery construction in Ontario; part of $48M tri-government capital stack.

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