battery materials

Evolution Metals secures $100M convertible investment from Yorkville Advisors to expand rare earth magnet production and establish U.S. industrial campus, targeting domestic supply chain independence.

Electra Battery Materials secures $20M Canadian government investment for North America's first battery-grade cobalt refinery in Ontario, targeting production by Q2 2027.

NOVONIX divests its Battery Technology Solutions division for $1 plus $2M cash and a 15% equity stake, refocusing entirely on North American synthetic graphite production.

NOVONIX secures $103M federal tax credits for Tennessee synthetic graphite facility, validating domestic battery material production strategy.

Nouveau Monde Graphite raises $297M through private placement and public offering to fund Phase-2 Matawinie Mine development and advance toward final investment decision.

Electra Battery Materials completes recapitalization and restarts cobalt sulfate refinery construction in Ontario with $155M total capital, targeting 2027 production.