Alden Greenhouse Strengthens Electra Battery's Leadership Team

Alden Greenhouse Joins Electra Battery's Board of Directors

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) is thrilled to announce that Alden Greenhouse has been appointed to its Board of Directors. Mr. Greenhouse serves as the Vice-President for Critical & Strategic Minerals at Agnico Eagle Mines Limited, recognized as a prominent Canadian mining entity with operations globally.

Electra’s Commitment to Sustainable Practices

John Pollesel, Electra's Chair, expressed enthusiasm for Alden's addition to the Board. His extensive background in critical minerals and financial expertise will be crucial as Electra strives to build a resilient supply chain focused on battery materials within North America.

A Vision for the Future

Alden Greenhouse conveyed his honor in joining Electra's Board at a transformative stage for the critical minerals industry. He emphasized that diversifying the supply chain and establishing resources domestically is vital for reducing reliance on foreign markets and boosting supply chain security. Alden highlighted Electra's commitment to sustainability and its role in pioneering a domestic battery materials supply chain.

Mr. Greenhouse’s Professional Background

In his current position, Mr. Greenhouse spearheads Agnico Eagle's initiatives surrounding critical and strategic minerals. Since joining the company in 2013, he has advanced through several leadership roles, including Vice-President of Strategic Development and Vice-President of Business Strategy. His previous experience as CFO of a junior mining company, along with a tenure at RBC Capital Markets in financial markets, reinforces his capability in guiding Electra.

Educational Credentials

Mr. Greenhouse possesses a Master of Science degree in Accounting and Finance from the London School of Economics and has an Honours Bachelor of Commerce from McMaster University. He is a Certified Management Accountant and a Chartered Financial Analyst, reflecting his expertise in finance and management.

About Electra Battery Materials

Electra is at the forefront of elevating North America's critical minerals supply chain for lithium-ion batteries. With a focus on establishing the continent's sole cobalt sulfate refinery, the company is implementation a phased strategy to bring critical minerals refining back onshore and lessen dependency on international supply chains. This strategy encompasses not just cobalt but also nickel refining and battery recycling initiatives. Current projects involve integrating black mass recycling at their existing facility, evaluating cobalt production opportunities in Quebec, and exploring potential for nickel sulfate production in North America.

Contact Information

For more details, reach out to:
Heather Smiles
Vice President, Investor Relations & Corporate Development
Electra Battery Materials
Email: info@ElectraBMC.com
Phone: 1.416.900.3891

Frequently Asked Questions

Who is Alden Greenhouse?

Alden Greenhouse is the new Vice-President for Critical & Strategic Minerals at Agnico Eagle Mines Limited and has recently joined Electra's Board.

What is Electra Battery Materials Corporation's mission?

Electra aims to establish a sustainable and secure supply chain for battery materials in North America, particularly focusing on critical minerals.

What role will Alden Greenhouse play at Electra?

He will offer insights and strategic guidance that leverage his experience in critical minerals and the mining sector to help propel Electra's growth.

Why is Electra focusing on domestic supply chains?

Building domestic supply chains is essential for minimizing reliance on foreign sources and enhancing security within the critical minerals sector.

How does Electra plan to achieve its goals?

Electra is executing a phased strategy that encompasses the establishment of a cobalt sulfate refinery, nickel refining, and battery recycling operations.

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