Electra Battery Materials names Garzon Duenas general manager, commissioning leader for Ontario cobalt refinery

Bitget2026/10/05 11:00

Electra named Garzon Duenas general manager and commissioning leader to steer its Ontario cobalt sulfate refinery into commissioning and operations. Select commissioning work targeted for Q4 2026; mechanical completion targeted for Q2 2027; ramp-up expected in Q3 2027; commercial output targeted for Q4 2027. Duenas brings more than 30 years of mineral-processing experience, including commissioning a 3,000-tonne-per-year nickel-cobalt plant in the Philippines. He most recently led mill and surface operations at Eldorado Gold Saskatchewan, overseeing production management and operational readiness ahead of start-up. Refinery designed to process 18,000 tonnes of cobalt hydroxide annually, producing 5,120 tonnes of contained cobalt in battery-grade cobalt sulfate. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Electra Battery Materials Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610050700PRIMZONEFULLFEED9839261) on October 05, 2026, and is solely responsible for the information contained therein.

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Electra named Garzon Duenas general manager and commissioning leader to steer its Ontario cobalt sulfate refinery into commissioning and operations.
Select commissioning work targeted for Q4 2026; mechanical completion targeted for Q2 2027; ramp-up expected in Q3 2027; commercial output targeted for Q4 2027.
Duenas brings more than 30 years of mineral-processing experience, including commissioning a 3,000-tonne-per-year nickel-cobalt plant in the Philippines.
He most recently led mill and surface operations at Eldorado Gold Saskatchewan, overseeing production management and operational readiness ahead of start-up.
Refinery designed to process 18,000 tonnes of cobalt hydroxide annually, producing 5,120 tonnes of contained cobalt in battery-grade cobalt sulfate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Electra Battery Materials Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610050700PRIMZONEFULLFEED9839261) on October 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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01:17 PM EDT, 10/05/2026 (MT Newswires) -- Consumer stocks were higher Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) each adding 0.4%. In corporate news, Paramount Skydance (PSKY) Chairman and Chief Executive David Ellison will be chairman and CEO of the combined company following the anticipated close of Paramount's acquisition of Warner Bros. Discovery (WBD), Paramount said. Paramount shares were up 1.6%, and Warner was fractionally higher.

MT newswire•2026/10/05 17:17

Exchange-Traded Funds Rise, US Equities Higher After Midday

01:10 PM EDT, 10/05/2026 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) added 0.6%. US equity indexes were higher after midday Monday as government bond yields rose and crude oil fell. Energy IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) were each up about 1.1%. Technology The State Street Technology Select Sector SPDR ETF (XLK) gained 0.4%; iShares US Technology ETF (IYW) added 0.6%, and iShares Expanded Tech Sector ETF (IGM) was 0.6% higher. The State Street SPDR S&P Semiconductor (XSD) slipped 0.6%, and iShares Semiconductor (SOXX) fell 0.2%. Financial The State Street Financial Select Sector SPDR (XLF) added 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 2.2%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 1.9%. Commodities Crude oil lost 1.1%, and the United States Oil Fund (USO) fell 1.4%. Natural gas added 0.9%, and the United States Natural Gas Fund (UNG) gained 0.7%. Gold on Comex eased 0.1%, and the State Street SPDR Gold Shares (GLD) lost 0.4%. Silver was up 1.5%, and iShares Silver Trust (SLV) gained 0.7%. Consumer The State Street Consumer Staples Select Sector SPDR (XLP) was 0.5% higher, and the Vanguard Consumer Staples ETF (VDC) rose 0.5%. The State Street Consumer Discretionary Select Sector SPDR (XLY) added 0.4%. VanEck Retail ETF (RTH) was up 0.2%, and the State Street SPDR S&P Retail (XRT) edged up 0.1%. Healthcare The State Street Health Care Select Sector SPDR (XLV) added 0.5%, while iShares US Healthcare (IYH) gained 0.5%, and Vanguard Health Care ETF (VHT) rose 0.6%. IShares Biotechnology ETF (IBB) advanced 0.7%. Industrial The State Street Industrial Select Sector SPDR (XLI) added 0.4%. Vanguard Industrials Index Fund (VIS) rose 0.5%, and iShares US Industrials (IYJ) gained 0.7%. Cryptocurrency In midday activity, bitcoin (BTC-USD) shed 0.2%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 1.2%,

MT newswire•2026/10/05 17:10