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Global Trade Alert

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Canada: Government announces funding for Electra Battery Materials Corporation for cobalt sulfate refinery expansion

Description

On 4 May 2026, the government of Canada announced a CAD 20 million (approximately USD 14.69 million) in state aid to Electra Battery Materials Corporation through the Strategic Response Fund (SRF). SR...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 May 2026

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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