Management ChangeAug 12, 2026, 07:16 AM
Electra Battery Materials Appoints Peter Rawlins as CFO
AI Summary
Electra Battery Materials announced the appointment of Peter Rawlins as its new Chief Financial Officer, effective August 26, 2026. Rawlins brings extensive experience in mining finance and capital markets, including leadership roles at CIBC and other junior mining companies. Interim CFO David Allen will transition to a part-time role, assisting with the completion of the Ontario critical minerals refinery. The company also reported its Q2 2026 financial results, highlighting C$36 million in cash and cash equivalents, continued progress on the refinery construction which remains on schedule and budget, and strengthened funding position.
Key Highlights
- Peter Rawlins appointed Chief Financial Officer (CFO), effective August 26, 2026.
- Rawlins brings over two decades of mining finance and capital markets experience, including 19 years at CIBC.
- David Allen, interim CFO, will continue part-time to support refinery construction and mentor the finance group.
- Company reported cash and cash equivalents of C$36 million as of June 30, 2026.
- Total value of refinery construction packages awarded is approximately C$46 million.
- Refinery construction remains on schedule and on budget, with commercial production anticipated Q4 2027.
- Secured approximately US$82 million in aggregate funding for the cobalt sulfate refinery construction.
Price Impact
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