Elevra Lithium Limited reports news as a North American lithium producer with American Depository Shares traded under ELVR. Recurring updates center on North American Lithium, including spodumene concentrate production, sales, operating costs, safety performance, cash flow, and expansion studies.
Company news also covers quarterly activities reports, project updates for Carolina Lithium, Moblan, Ewoyaa, and Western Australian tenements, offtake and downstream processing discussions, presentation-currency changes, capital actions, and governance matters following the completed Sayona-Piedmont merger.
Elevra Lithium (NASDAQ: ELVR) reported September-quarter revenue of US$74 million as North American Lithium increased sales and reduced unit costs. Revenue rose 137% quarter on quarter, with sales up 71% to 58,134 dry metric tonnes. Estimated realised pricing rose 39% to US$1,276 per tonne; final prices will settle in the December quarter. Unit operating costs fell 14% to US$780 per tonne sold.
Ore mined reached a record 466,499 wet metric tonnes, while concentrate production increased 1% to 54,907 dry metric tonnes. The NAL expansion entered execution, and Elevra issued US$46 million of convertible notes to Canada Growth Fund. Quarter-end cash was US$319 million, excluding approximately US$71 million subsequently received from the Ewoyaa sale. Elevra also signed supply agreements with Mangrove Lithium and LG Energy Solution. Six recordable injuries affected quarterly safety performance.
Elevra Lithium (ELVR) completed the sale of its Ewoyaa Lithium Project interests in Ghana to Zhejiang Huayou Cobalt for US$71 million. The cash consideration was received before fees and taxes, following receipt of required Ghanaian Government approvals. The sale includes all project rights and interests, including spodumene concentrate offtake rights, and removes Elevra’s development funding commitment.
Elevra said the proceeds provide financial flexibility as it advances the North American Lithium brownfield expansion, Moblan development and other growth projects. The completed sale is separate from, and not conditional on, Huayou’s proposed acquisition of Atlantic Lithium, which holds the remaining private-sector interest in Ewoyaa.
Elevra Lithium (NASDAQ:ELVR) plans to release its September 2026 Quarterly Activities Report on 27 October 2026 and host an investor webcast. The webcast starts at 9:30am AEDT in Sydney that day, or 6:30pm EDT on 26 October. An archived version will be available approximately two hours after the webcast ends.
Elevra Lithium (NASDAQ:ELVR) has signed a binding agreement to supply LG Energy Solution with 240,000 dry metric tonnes of spodumene concentrate.
The lithium-bearing concentrate will come from North American Lithium in Québec. The three-year term starts with the first shipment, which Elevra expects in calendar year 2026. Base quantities are 30,000 dry metric tonnes in 2026, 60,000 in each of 2027 and 2028, and 90,000 in 2029. Elevra may also supply up to 90,000 dry metric tonnes of optional volume over the term, subject to agreement between both parties. Pricing is market-linked and adjusted for lithium content. Elevra describes the agreement as supporting its strategy to diversify NAL’s customer portfolio while retaining exposure to market pricing.
Elevra Lithium (NASDAQ:ELVR) reported pending Ghanaian approvals for its proposed sale of Ewoyaa interests to Huayou for approximately US$71 million. The cash consideration is before fees and taxes and covers all Elevra’s project rights and interests, including associated offtake rights.
If approvals are not obtained by 30 October 2026, Huayou may complete and pay the consideration or terminate and pay Elevra a US$5 million break fee. No break fee is payable if Ghana rejects Huayou’s application on or before that date. Separately, Huayou received Australian Foreign Investment Review Board approval for its proposed acquisition of Atlantic Lithium, which holds Ewoyaa’s remaining private-sector interest; shareholder, court and regulatory approvals remain among that deal’s conditions.
Elevra Lithium (NASDAQ:ELVR) announced an indicative timetable for its 2026 Annual General Meeting, scheduled for 19 November 2026 (AEST).
The last date for director nominations is 8 October 2026 (AEST). The Notice of Annual General Meeting is scheduled for release on 16 October 2026 (AEST), when shareholders will receive information on how to participate.
Elevra Lithium (ELVR) released a Pre-Feasibility Study for a three-stage brownfield expansion of its North American Lithium (NAL) operation in Québec.
The expansion lifts average annual spodumene concentrate production to 373 ktpa (SC5.4, post ramp-up), almost double the 199 ktpa base case and above the prior 338 ktpa scoping estimate, driven in part by higher mill feed grades from ore sorting. Life-of-mine C1 costs decline from C$1,048/t to C$876/t, with post-expansion C1 of C$851/t and AISC of C$918/t. Initial expansion CAPEX totals C$366M (including C$73M contingency) across three stages, and is described as fully funded through Elevra’s May 2026 strategic financing package.
The PFS delivers a post-tax NPV8% of C$3,218M and an expansion-only post-tax NPV8% of C$943M, with a 49.9% post-tax IRR and 34‑month payback. The 20‑year mine life and production target are entirely underpinned by 47.2 Mt of existing Ore Reserves at 1.12% Li₂O.
Elevra Lithium (ASX:ELV, NASDAQ:ELVR) has executed a binding Spodumene Concentrate Supply Agreement with Mangrove Lithium for long-term supply from the North American Lithium (NAL) operation in Québec to Mangrove’s proposed 20,000 tpa LCE conversion facility in Eastern Canada.
The Agreement has an initial 7-year term, extendable by a further seven years unless terminated, and is subject to conditions precedent including Mangrove securing project financing, taking a positive Final Investment Decision by 31 December 2028, and reaching commercial operations at no less than 50% of nameplate capacity within three years thereafter.
Annual contracted volumes are 122,000 dmt in Year 1 and 144,000 dmt from Year 2 on a take-or-pay basis, with options for Mangrove to increase volumes by up to 20% annually and purchase up to 72,000 dmt before commercial operations. Pricing is market-linked with a floor that Elevra expects to be above NAL’s cost of production and no price ceiling, and domestic deliveries are expected to avoid ocean freight costs. Both companies have separate backing from the Canada Growth Fund.
Elevra Lithium (ASX:ELV, NASDAQ:ELVR) plans to release its FY26 Full Year Report on Friday, 28 August 2026. The company will hold an investor webcast on the same day at 9:30am AEST (Thursday, 27 August 2026, 7:30pm EDT) with live and archived online access.
Elevra Lithium (ASX:ELV, NASDAQ:ELVR) has completed the sale of all its rights, interests and obligations over exploration licence E45/2364 in Western Australia to Wildcat Resources. Wildcat assumes full ownership, control and liability for the tenement.
According to Elevra, consideration totals A$16 million plus an ongoing royalty, comprising A$5 million cash on completion, A$8 million in Wildcat shares at A$0.353 per share, and a deferred A$3 million cash payment following Wildcat’s completed feasibility study. Elevra is also entitled to contingent cash of A$0.70 per tonne for each tonne of JORC Pegmatite Mineral Resource defined on E45/2364. The company states the deal monetises a non-core asset, simplifies its portfolio, and supports capital allocation to its core North American lithium growth projects.