Electra to discuss collaboration opportunities at Indonesian summit on critical minerals Page 1

TORONTO, August 30, 2024 (GLOBE NEWSWIRE) — Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electricity” or the “Company”) is pleased to announce its participation in Indonesia’s first critical minerals conference, Fastmarket’s International Critical Minerals and Metals Summit: Indonesia. The summit will bring together industry leaders, policymakers and stakeholders to discuss Indonesia’s role in the global energy transition. Electra’s participation will highlight opportunities to develop sustainable nickel and cobalt supply chains for the North American battery materials sector.

Electra CEO Trent Mell will be on a panel titled “Exploring Indonesia’s Role in Building an IRA-Compliant Supply Chain.” The discussion will explore Indonesia’s growing role as a major source of nickel and cobalt and how to build an EV supply chain that meets the requirements of the U.S. Inflation Reduction Act. As the market share of electric vehicles continues to grow, Indonesia’s strategic importance in the global supply chain will increase significantly.