Earnings ·
Electra Battery Materials Corporation filed its unaudited interim financial statements for the three and six months…
ELBMElectra Battery Materials Corp
Electra Battery Materials Corporation filed its unaudited interim financial statements for the three and six months ended June 30, 2026. The company reported net income of $37.17 million CAD for the first half of 2026, driven by a $48.54 million non-cash gain on the fair value of US warrants, compared to a net loss of $14.69 million in the prior year period. Cash and cash equivalents stood at $35.87 million CAD as of June 30, 2026. During the period, the company raised approximately $9.0 million CAD net of costs through its At-The-Market equity program by issuing 7.74 million shares. The filing also incorporates a press release dated August 12, 2026, which announced the appointment of Peter Rawlins as Chief Financial Officer effective August 26, 2026. Electra Battery Materials Corporation operates in the battery materials industry, focusing on refining cobalt and nickel for electric vehicle supply chains.