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Canadian critical minerals company considers selling assets as costs surge by 85%

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Critical minerals company Electra Battery Materials faces a $50 million budget shortfall on crucial project. Find out more

Its shares have plunged almost 60 per cent on the news.

Canadian inflation, as measured by year-over-year increases in the consumer price index, peaked around eight per cent a year ago and continues to hover around four per cent — after sticking close to two per cent for most of three decades.that will refine critical minerals such as nickel, cobalt and manganese, the demand for which has increased in recent years due to higher global sales of vehicles that run on batteries.

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Canadian critical minerals company considers selling assets as costs surge by 85%Critical minerals company Electra Battery Materials faces a $50 million budget shortfall on crucial project. Find out more
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