Announcement
04 May 2026
In May 2026, the government of Canada announced CAD 20 million in state aid for Electra Battery Materials Corporation to support the expansion of its cobalt refinery in Temiskaming Shores, Ontario.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 May 2026
Revocation date:
No revocation date
Updated: 06 May 2026
State loan
In force
Recent update from 06 May 2026:
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)....
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