08:04 AM EST, 11/10/2025 (MT Newswires) -- Electra Battery Materials (ELBM.V), up near 8% in pre-market trading, said Monday it has issued a major construction tender package as part of its refinery construction works in Temiskaming Shores, Ontario.

The tender covers the installation of critical processing systems at what will be North America's first cobalt sulfate refinery.

"Tendering the SMPEI package paves the way for full construction activities," said Paolo Toscano, vice president, projects & engineering. "With engineering and procurement well advanced, we remain focused on safely executing installation activities that will move us closer to commissioning."

Electra recently launched its construction reactivation program at the site.

Electra shares are up $0.08, to $1.12, in New York trading.