Trader

Glencore AG

Swiss Glencore group marketing company, separately identified from the Jersey-registered parent Glencore plc. Electra names Glencore AG as the counterparty to its 2021 cobalt-hydroxide feed arrangement and 2026 extension through 2031. The agreements establish contractual supply, not confirmed deliveries.

Sources support the description and the individual connections below. Publication and checking dates belong to the evidence: when it was published, and when this Hub last read it.

Documented relationships

Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.

  • Announced · Evidence as of 2026-08-20

    Offtake agreement

    Electra extended its cobalt-feedstock purchase agreement with Glencore AG through 2031. Commissioning and ramp-up supply was secured through 2027; the Canadian refinery remained under development.

    1 source
    1. Electra Secures 100% of Cobalt Feedstock Required for Refinery Commissioning and Ramp-Up

      Electra Battery Materials · Published 2026-08-20 · Checked 2026-09-17

      an extension of its cobalt hydroxide feed purchase agreement with Glencore AG

      Opening two paragraphs; Highlights; LGES paragraph and commissioning schedule.

  • Announced · Evidence as of 2021-01-12

    Offtake agreement

    First Cobalt, now Electra, announced a long-term cobalt-hydroxide feed arrangement with Glencore AG for its planned refinery. The stated 4,500 tonnes per year combined Glencore AG and IXM SA, not Glencore AG alone; actual deliveries are not established.

    1 source
    1. First Cobalt Achieves Key Milestone with Refinery Feedstock Arrangements

      First Cobalt Corp. (now Electra Battery Materials Corporation) · Published 2021-01-12 · Checked 2026-09-23

      long-term cobalt hydroxide feed arrangements with Glencore AG and IXM SA

      Opening paragraph and Highlights, 12 January 2021, names Glencore AG and IXM SA as separate long-term feed counterparties.