– CANADA, Toronto – Electra Battery Materials Corporation (NASDAQ: ELBM / TSX: ELBM) announced the appointment of David Stetson to its Board of Directors, bringing a distinguished track record of driving operational improvements, building resilient organizations, and creating value for shareholders.
About David Stetson
David Stetson is a seasoned executive with decades of leadership experience in the natural resources sector, including 14 years as a CEO. During his tenure as CEO of Alpha Metallurgical Resources, the market capitalization increased from $50 million to more than US$4 billion. He led the company through a complex restructuring, eliminated US$800 million of debt, and transitioned to Chairman until his retirement in late 2024.
More recently, David Stetson served on the board of Mallinckrodt Pharmaceuticals and chaired the Compliance and Corporate Governance Committee, and served on the Transaction Committee. He played a significant role in helping the company reduce its indebtedness and complete its merger with Endo Pharmaceuticals.
David Stetson earned a Bachelor of Science degree from Murray State University, a juris doctorate from the Brandeis School of Law at the University of Louisville, and a Master of Business Administration degree from the University of Notre Dame.
About Electra Battery Materials
Electra is a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries. Currently focused on developing North America’s only cobalt sulfate refinery, Electra is executing a phased strategy to onshore critical minerals refining and reduce reliance on foreign supply chains. In addition to establishing the cobalt sulfate refinery, Electra’s strategy includes nickel refining and battery recycling. Growth projects include integrating black mass recycling at its existing refining complex, evaluating opportunities for cobalt production in Bécancour, Quebec, and exploring nickel sulfate production potential in North America.
For more information: https://www.electrabmc.com/
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