Elcora Advanced Materials Corp. Reports Earnings Results for the First Quarter Ended June 30, 2023

Elcora Advanced Materials Corp. is a Canada-based vertically integrated battery material company. The Company mines, processes, refines and produce battery related minerals and metals. It is engaged in developing polymetallic mining deposits, such as Vanadium, Manganese, Copper, Tantalum, Nobium and some other rare earth minerals. The Company operates in one business segment, being the exploration and development of mineral properties. The Company’s graphite processing plant is located near the Ragedara mine in Sri Lanka. This facility performs four refining activities, such as grinding, flotation, dewatering, and product load-out. It has constructed its own graphene production facility in the Canadian city of Halifax, Nova Scotia to supply graphene.