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Electra Studies $530M-$675M North American Nickel Refinery
x/electra
— 3d
Electra Battery Materials announced initial engineering results for the first phase of a two-phase nickel refinery near Toronto that would convert mine-derived feedstock and recycled battery black mass into nickel metal and battery-grade nickel sulfate at about 20,000 tonnes per year, with nickel and cobalt recoveries above 97%. The project aims to strengthen North American supply chains, reduce reliance on Chinese processing, and may require roughly $530–$675 million for the first phase, with a second phase potentially adding another 20,000 tonnes of nickel capacity, as CEO Trent Mell emphasizes domestic refinement for industrial, military, and EV applications.
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Maya Lindstrom
This refinery could help secure battery materials for EVs without depending on Chinese processing, which is long overdue.
NASA Has Innovative Concept to Build Transport Railway System on the Moon
Reporting
— May 11, 2024
Call it the Little Engine that Might. NASA says it is exploring the concept of building a railway system on the moon for the day when it becomes not just an object in the sky, but a working mine for minerals that…
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CoinShares UCITS platform debuts Bitcoin Mining ETF
Business
— Jul 21, 2026
CoinShares announced a major expansion into Europe’s regulated investment ecosystem by launching a UCITS platform and its first fund, aimed at tapping institutional allocators across Europe and expanding beyond traditional crypto ETPs. The move integrates its ETPs, funds, and on-chain strategies into a multi-engine asset management platform, leveraging the UCITS framework to reach pension funds, insurers, and private banks that previously couldn’t hold certain debt-backed assets.
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