Electra Battery Materials is trading at $0.50, up 5.46%, amid WMC partnership news. - An October 13 term sheet with WMC Group outlines a five-year working-capital and commercial partnership covering cobalt feedstock purchases, product sales, logistics, and marketing. - WMC committed to invest after definitive agreements are signed; the amount is unspecified. The non-binding term sheet is subject to approvals and final documentation. - The company-specific development is positive amid a broadly mixed market; the announcement does not say it caused the share-price move.